off-the-wire

India New Issue-Gujarat Fluorochemicals accepts bids for March 2026 bonds - bankers

Kitco Media
By Reuters
Published:
Updated:
Reuters
MUMBAI, March 20 (Reuters) - India's Gujarat Fluorochemicals Ltd has accepted bids aggregating to 500 million rupees ($6.1 million) through bonds maturing in March 2026, three merchant bankers said on Monday.


The company will pay a coupon of 8.52% on this issue, for which it had invited bids earlier in the day.


The bonds are rated AA by CRISIL and the issue will be settled later this week.
($1 = 82.6130 Indian rupees) (Reporting by Bhakti Tambe; Editing by Sonia Cheema)

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