MUMBAI, Aug 4 (Reuters) – India’s Bajaj Finance Ltd (BJFN.NS) plans to boost at the very least 100 million rupees ($1.26 million) by a sale of bonds maturing in three years, three service provider bankers stated on Thursday.
The non-banking finance firm has invited bids from bankers and buyers for a similar on Friday, they stated.
The notes are rated AAA by CRISIL and India Rankings and can shut for subscription on Monday.
The problem has a greenshoe choice to retain an extra 29.90 billion rupees.
($1 = 79.4425 Indian rupees)
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Reporting by Dharamraj Lalit Dhutia
Modifying by Vidya Ranganathan
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