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Balkrishna Industries plans Rs 5.50 billion bond sale across tenors

Balkrishna Industries plans to raise Rs 5.50 billion ($57.93 million) via bonds maturing in two, three and four years, and invited bids, according to three bankers.

BALKRISIND

India's Balkrishna Industries NSE:BALKRISIND plans to raise 5.50 billion rupees ($57.93 million) through the sale of bonds maturing in two years, three years and four years, three bankers said on Tuesday.The manufacturer of tyres for agricultural, mining and construction equipment has invited bids…