MUMBAI, March 28 (Reuters) - India's ICICI Home Finance
Ltd has accepted bids worth 650 million rupees ($7.9
million) for bonds maturing in 15 months, three merchant bankers
said on Tuesday.
The housing finance company will pay an annual coupon of
8.00% on this issue and had invited commitment bids earlier in
the day, they said.
The notes are rated AAA by CRISIL and ICRA and the issue
will be settled later this week.
It will mature in June 2024.
In January, the company raised 3 billion rupees through
bonds maturing in five years at an annual coupon of 7.88%.
($1 = 82.1410 Indian rupees)
(Reporting by Dharamraj Dhutia and Bhakti Tambe
Editing by Sonia Cheema)
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