The company will pay a coupon of 7.70% on the bond issue for
which it has invited bids from bankers and investors on Friday,
they said.
The bonds are rated AA+ by CRISIL and the issue will be
settled next week.
($1 = 81.8980 Indian rupees)
(Reporting by Bhakti Tambe; Editing by Sohini Goswami)
MUMBAI, March 13 (Reuters) - India's Vardhman Textiles
plans to raise 1.5 billion rupees ($18.32 million) through bonds
maturing in March 2024, three merchant bankers said on Monday.
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