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Shangrila Infracon accepts bids for 3-year bonds worth 11 billion rupees

Shangrila Infracon India accepted bids worth 11 billion rupees ($115.56 million) for bonds maturing in three years, three bankers said. The issue pays a 9.25% coupon and invited commitment bids on Wednesday.

56 million) for bonds maturing in three years, three bankers said on Thursday. 25% and had invited commitment bids for the issue on Wednesday, they said. The company did not respond to a Reuters request for comment.