MUMBAI, May 12 (Reuters) - India's Aditya Birla Finance
plans to raise funds by selling commercial papers maturing in
three months, three merchant bankers said on Friday.
The company will offer a yield of 7.35% on the issue, and
has received commitments worth around 10.75 billion rupees
($131.5 million) so far, they said.
The notes are rated A1+ by ICRA.
($1 = 81.7800 Indian rupees)
(Reporting by Bhakti Tambe)
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