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GODREJIND — Godrej Industries News Story

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India New Issue-Godrej Industries to issue 3-month CP - bankers

India's Godrej Industries  GODI.NS  plans to raise funds by selling commercial papers maturing
in three months at a yield of 7.08%, three merchant bankers said on Friday.

Below is the list of deals reported so far on May 26:
 Issuer                  Instrument type   Tenure (in    Yield     Amount (in bln
                                           months)       (in %)    rupees)
 Godrej Industries       CP                3             7.08      0.75
 Birla Group Holdings    CP                3             7.50      6.25
 Blue Star               CP                3             7.15      0.5
 Punjab & Sind Bank      CD                3             7.18      5
 
($1 = 82.7200 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Sonia Cheema)
 ((Dharamraj.Dhutia@thomsonreuters.com;))

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