This was the first issue by the company in this financial
year and is rated A+ by ICRA.
($1 = 82.0400 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Janane Venkatraman)
MUMBAI, April 12 (Reuters) - India's Delhi International
Airport has accepted bids worth 12 billion Indian rupees
($146.27 million) for bonds maturing in seven years, three
merchant bankers said on Wednesday.
The company will pay a coupon of 9.75% on this issue, and
this would be payable on a quarterly basis, they said.
It had invited bids from investors and bankers earlier in
the day and the issue will be settled on Thursday.
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.