India New Issue-Can Fin Homes to issue 7-month CP - traders
28/11/2022 07:58
MUMBAI, Nov 28 (Reuters) - India's Can Fin Homes
CNFH.NS plans to raise funds by selling commercial papers
maturing in seven months, three merchant bankers said on Monday.
The housing finance company will offer a yield of 7.80% on
this issue and has received commitments worth around 5 billion
rupees ($61.2 million), the bankers said.
The notes are rated A1+ by CARE Ratings.
($1 = 81.7250 Indian rupees)
(Reporting by Bhakti Tambe; Editing by Savio D'Souza)
((Bhakti.Tambe@thomsonreuters.com;))
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