MUMBAI, April 21 (Reuters) - India's Ecap Equities plans
to raise 900 million rupees ($10.95 million) each through the
reissue of two zero-coupon bonds, one maturing in April 2026 and
the other in February 2027, two merchant bankers said on Friday.
The company has invited bids from investors and bankers for
the bond issuances on Monday, they said.
The bonds are rated AA by CRISIL and the issue will be
settled later next week.
In March, the company raised 2 billion rupees through the
reissue of two zero-coupon bonds, one maturing in April 2026 and
the other in February 2027.
($1 = 82.1730 Indian rupees)
(Reporting by Bhakti Tambe; Editing by Sohini Goswami)
