MUMBAI, May 8 (Reuters) - India's Aseem Infrastructure
Finance has accepted bids worth 1.50 billion rupees ($18.4
million) for bonds maturing in five years, three merchant
bankers said on Monday.
The company will pay an annual coupon of 8.30% on this issue
and had invited commitment bids from bankers and investors
earlier in the day, the merchant bankers said.
The bonds are rated AA+ by Crisil, and the issue will be
settled on Tuesday.
In September, the company raised 6.5 billion rupees by
selling bonds maturing in five years at an annual coupon of
8.25%.
($1 = 81.7530 Indian rupees)
(Reporting by Dharamraj Dhutia and Bhakti Tambe; Editing by
Varun H K)
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