The state-government run company has invited bids from
bankers and investors for the issue on March 31, they said.
The bonds are rated A-(CE) by Brickwork Ratings and the
issue will be settled on April 3.
($1 = 82.2670 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Sonia Cheema)
MUMBAI, March 24 (Reuters) - India's Meghalaya Energy
Corp plans to raise 2.41 billion rupees ($29.3 million) through
the sale of bonds maturing in 10 years, three merchant bankers
said on Friday.
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