MUMBAI, March 24 (Reuters) - India's Tata Capital
Housing Finance plans to raise 5 billion Indian rupees ($60.71
million) through a reissue of 8.15% October 2031 bonds, three
merchant bankers said on Friday.
The housing financier invited bids from bankers and
investors on Tuesday, they said.
The bonds are rated AAA by CRISIL, and the issue will be
settled next week.
In February, the company had raised 1.50 billion rupees
through a reissue of 6.50% June 2026 bonds.
($1 = 82.3520 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Anil D'Silva
)
