The company has invited bids from bankers and investors on Thursday, they said. The bonds are rated AA by CRISIL, and the issue will be settled on Friday. ($1 = 82.7570 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Shailesh Kuber)
MUMBAI, March 15 (Reuters) - India's Edel Finance plans to
raise 1.75 billion rupees ($21.15 million) selling bonds
maturing in one year and 12 days, three merchant bankers said on
Wednesday.
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