MUMBAI, March 27 (Reuters) - India's IIFL Finance Ltd plans to raise at least 250 million Indian rupees
($3.04 million) via reissue of 9.45% December 2032 bonds, three
merchant bankers said on Monday.
The company has invited bids from bankers and investors on
Wednesday, the merchant bankers said.
The notes are rated "AA" by CRISIL and the issue will be
settled on Friday.
In December, the company raised 350 million rupees through
primary issuance of the paper.
($1 = 82.3020 Indian rupees)
(Reporting by Dharamraj Dhutia and Bhakti Tambe; Editing by
Shounak Dasgupta)
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