MUMBAI, April 11 (Reuters) - India's Aditya Birla
Finance plans to raise funds by selling commercial papers
maturing in nearly three months, three merchant bankers said on
Tuesday.
The company will offer a yield of 7.18% on the issue and has
received commitments worth around 1 billion rupees ($12.2
million) so far, they said.
The notes are rated A1+ by ICRA and will mature on June 27.
($1 = 82.0510 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Sonia Cheema)
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