MUMBAI, March 20 (Reuters) - India's Vivriti Capital
plans to raise at least 300 million rupees ($3.64 million)
through bonds maturing in one year and six months, two merchant
bankers said on Monday.
The company will pay a coupon of 9.60% on this bond issue
for which it has invited bids on Tuesday, they said.
The issue also has a greenshoe option to retain an
additional subscription of 300 million rupees.
The bonds are rated A by CARE and the issue will be settled
later this week.
($1 = 82.4750 Indian rupees)
(Reporting by Bhakti Tambe; Editing by Sonia Cheema)
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