India New Issue-Can Fin Homes to issue March-end CP - traders
07/11/2022 06:54
MUMBAI, Nov 7 (Reuters) - India's Can Fin Homes
CNFH.NS plans to raise funds by selling commercial papers
maturing at the end of March, three merchant bankers said on
Monday.
The housing finance company will offer a yield of 7.63% on
this issue and has received commitments worth around 5 billion
Indian rupees ($60.82 million), the bankers said.
The notes are rated A1+ by CARE Ratings.
($1 = 82.2150 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Janane Venkatraman)
((Dharamrajlalit.dhutia@tr.com))
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