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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