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Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 258 INR | +0.08% |
|
-8.94% | -6.81% |
| Apr. 23 | INDIA STOCKS-Indian shares rise as global risk sentiment improves | RE |
| Apr. 23 | India's M&M Financial discovers funds embezzlement at one branch, delays Q4 results | RE |
MUMBAI (Reuters) - India's Mahindra and Mahindra Financial Services has accepted bids worth 20 billion rupees ($245.19 million)for bonds maturing in 10 years, three merchant bankers said on Monday.
The non-banking financial company will pay an annual coupon of 8.00% on this issue, and had invited commitment bids earlier in the day, they said.
The notes are rated AAA by CARE Ratings and will close for subscription later this week.
Earlier this month, the company raised 3 billion rupees through the reissuance of 8.20% July 2032 bonds at the yield of 8.15%.
($1 = 81.5700 Indian rupees)
(Reporting by Dharamraj Lalit Dhutia; editing by Uttaresh.V)
| 1st Jan change | Capi. | |
|---|---|---|
| -6.81% | 3.82B | |
| -8.57% | 54.11B | |
| -5.77% | 31.94B | |
| +64.11% | 29.16B | |
| +20.03% | 23.61B | |
| +16.94% | 18.17B | |
| -8.48% | 11.64B | |
| +15.93% | 11.25B | |
| -23.72% | 8.02B | |
| +13.84% | 7.98B |
MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED 
