MUMBAI, April 25 (Reuters) - India's IGH Holdings plans
to raise funds selling commercial papers maturing in one year,
three merchant bankers said on Tuesday.
The Aditya Birla Goup company will offer a yield of 8.88% on
the issue and it has received commitments worth around 500
million Indian rupees ($6.10 million) so far, the bankers said.
The notes are rated A1+ by CARE Ratings.
($1 = 81.9125 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Sohini Goswami)
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