MUMBAI, March 17 (Reuters) - India's IGH Holdings plans
to raise funds selling commercial papers maturing in one year,
three merchant bankers said on Friday.
The Aditya Birla Goup company will offer a yield of 9.14% on
the issue and it has received commitments worth around 750
million Indian rupees ($9.08 million) so far, the bankers said.
The notes are rated A1+ by CARE Ratings.
($1 = 82.5770 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Shinjini Ganguli)
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