India New Issue-Kolte-Patil Developers to issue 10-year bonds - bankers

MUMBAI, April 5 (Reuters) - India's Kolte-Patil Developers plans to raise 2.06 billion rupees ($25.13 million) through zero-coupon bonds maturing in 10 years, two merchant bankers said on Wednesday.

The company has invited bids from bankers and investors for the issue on April 13, they said.

The bonds are rated A+ by CRISIL and the issue will be settled on April 17.
($1 = 81.9620 Indian rupees) (Reporting by Bhakti Tambe; Editing by Sohini Goswami)

bhakti.rajendratambe.thomsonreuters.com@reuters.net Twiter: ))

Reuters

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

off-the-wire

India New Issue-Kolte-Patil Developers to issue 10-year bonds - bankers

By Reuters

Reuters

Reuters

Gold is never going back to $2,000: 'That's history,' prices to 3x from here – Peter Schiff

Solid price gains for gold, silver after busy news weekend

‘Biggest economic shift since Nixon’: Major U.S. monetary policy changes coming in 12-36 months – Jack Mallers

India joins South Africa in denying BRICS currency plans after Trump’s 100% tariff threat

Silver prices breach $32/oz as bullish technicals and fundamentals suggest potential breakout