MUMBAI, April 17 (Reuters) - India's Aditya Birla Fashion and Retail plans to
raise funds by selling commercial papers maturing in over two months, three merchant bankers
said on Monday.
The company will offer a yield of 6.99% on the issue, and has received commitments worth
around 1 billion rupees ($12.19 million) so far, they said.
The notes are rated A1+ by ICRA and will mature on June 30.
($1 = 82.0080 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Shailesh Kuber)
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