India New Issue-Godrej Industries to issue 3-month CP - traders
30/01/2023 12:43
MUMBAI, Jan 30 (Reuters) - India's Godrej Industries
GODI.NS plans to raise funds through the sale of commercial
papers maturing in three months, three merchant bankers said on
Monday.
The company will offer a yield of 7.43% on the issue and has
received commitments worth about 750 million Indian rupees
($9.20 million) so far, the bankers said.
The notes are rated A1+ by ICRA.
($1 = 81.5220 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Rashmi Aich)
((Dharamraj.dhutia@tr.com))
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