The notes are rated "AA" by CRISIL and the issue will be settled on Friday. In December, the company raised 350 million rupees through a primary issuance of the paper. ($1 = 82.3070 Indian rupees) (Reporting by Bhakti Tambe; Editing by Sonia Cheema)
bhakti.rajendratambe.thomsonreuters.com@reuters.net Twiter: )) MUMBAI, March 29 (Reuters) - India's IIFL Finance Ltd has accepted bids worth 300 million rupees ($3.64
million) on reissue of 9.45% December 2032 bonds, three merchant
bankers said on Wednesday.
The company will pay a yield of 9.45% on this issue, for
which it had invited bids from bankers and investors earlier in
the day.
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