Avaada Ventures raises 35.15 billion rupees via two bond series
India’s Avaada Ventures raised 35.15 billion rupees ($366.63 million) through two series of bonds, each maturing in three years, with a stated 11.75% semi-annual coupon.
Story updates
11:22:51 AM UTC
SquawkNews
India New Issue – Avaada Ventures issues multiple tenor bonds, bankers say
63 million) through the sale of two series of bonds maturing in three years each, three bankers said on Friday. 75% on a semi-annual basis, on both the issues and had invited bids on Thursday, they said. The company did not immediately respond to a Reuters email seeking comment. com)