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TVS Credit Services plans 3-year bond sale, bankers say

Bankers said TVS Credit Services plans to raise INR 10 billion via 3-year bonds, with a greenshoe option of INR 2.50 billion, at a 7.29% annual coupon. Bids were invited for Friday.

50 billion rupees, through bonds maturing in three years, three bankers said on Thursday. 29%, and bids have been invited for Friday.