MUMBAI, April 5 (Reuters) - India's Muthoot Finance Ltd plans to raise at least 750 million rupees ($9.1
million) through the public issue of non-convertible debentures,
according to a product note.
The gold financier's public issue will open for subscription
on April 12 and will close on April 26.
The issue also has a greenshoe option to retain an
additional 2.25 billion rupees.
The company is offering bonds maturing in 25 months, 37
months, and 61 months at an annual coupon in the 7.75% to 8.10%
range for institutional investors.
A.K. Capital Services is the lead manager for the bond
issue, rated AA+ by ICRA.
($1 = 82.1870 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Varun H K)
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