The bonds are rated AA by India Ratings and the issue will
be settled later next week.
In December, the company had raised 8.75 billion rupees
selling five-year bonds at 8.25% annual coupon.
($1 = 82.3900 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Vinay Dwivedi)
MUMBAI, March 24 (Reuters) - India's JSW Steel plans to raise 15 billion Indian rupees ($182.06 million)
through bonds maturing in one year and 10 days, three merchant
bankers said on Friday.
The steel company will pay a coupon of 7.85% on this issue
for which it has invited bids from investors and bankers on
Tuesday, they said.
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