Piramal Finance raises INR 11 billion via bond issuance
India’s Piramal Finance raised INR 11 billion ($114.80 million) by selling three-year and one-month bonds, bankers said. The issue pays an annual coupon of 8.57%.
80 million) through the sale of three-year and one-month bonds, three bankers said on Monday. 57% and had invited commitment bids for the issue on Friday, the bankers said. Piramal Finance did not respond to a request for comment.