($1 = 82.0800 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Savio D'Souza)
MUMBAI, April 19 (Reuters) - India's Larsen & Toubro Ltd plans to raise funds through the sale of commercial
papers maturing in one month, three merchant bankers said on
Wednesday.
The company will offer a yield of 6.82% on the issue and has
received commitments worth around 5 billion rupees (about $61
million) so far, the bankers said.
The notes are rated A1+ by Crisil.
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