|Chennai||Rs. 27770.00 (-0.14%)|
|Mumbai||Rs. 29200.00 (2.31%)|
|Delhi||Rs. 27900.00 (-0.36%)|
|Kolkata||Rs. 28270.00 (1%)|
|Kerala||Rs. 27050.00 (-0.37%)|
|Bangalore||Rs. 27550.00 (1.66%)|
|Hyderabad||Rs. 27770.00 (-0.14%)|
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.