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Vertis Infra Trust to raise Rs 14.25 bln via 6-year bonds

India’s Vertis Infrastructure Trust plans to raise Rs 14.25 billion ($150.42 million) by selling bonds maturing in six years. The bonds pay a 7.63% quarterly coupon, with commitment bids invited Wednesday.

VERTIS

42 million) through the sale of bonds maturing in six years, three bankers said on Tuesday. 63% on a quarterly basis and has invited commitment bids on Wednesday, the bankers said.