|Chennai||Rs. 25020.00 (-0.32%)|
|Mumbai||Rs. 26110.00 (0.19%)|
|Delhi||Rs. 25850.00 (0%)|
|Kolkata||Rs. 25720.00 (-0.66%)|
|Kerala||Rs. 24850.00 (-0.6%)|
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|Hyderabad||Rs. 25020.00 (-0.2%)|
Sterlite Industries plans to raise 5 billion rupees ($91.92 million) through a bond issue at 9.24 percent, a source with direct knowledge of the deal told Reuters on Monday.
The firm will issue ten-year bonds with a put/call at the end of the fifth year, the source said.
The issue is rated AA+ by Crisil/Fitch and Yes Bank is the sole arranger to the deal, the source added.