MUMBAI, May 12 (Reuters) - John Deere Financial India
Pvt Ltd plans to raise 3 billion rupees ($36.68 million)through
bonds maturing in one year, six months and five days, two
bankers said on Friday.
The company will pay a coupon of 8.10% on this bond issue,
for which it has invited bids from investors and bankers on
Tuesday.
The bonds are rated AAA by CRISIL and the issue will be
settled next week.
In January, the company had raised 3.50 billion rupees via
bonds maturing in 18 months at an annual coupon of 8.00%.
($1 = 81.7800 Indian rupees)
(Reporting by Bhakti Tambe; Editing by Shailesh Kuber)
bhakti.rajendratambe.thomsonreuters.com@reuters.net Twiter: ))
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