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India Infoline Ltd's India Infoline Finance To Raise INR5 Billion Via Bonds-Reuters

Tuesday, 28 Aug 2012 07:35am EDT 

Reuters reported that India Infoline Finance, a unit of India Infoline Ltd, plans to raise up to INR5 billion ($89.81 million) through a public bond issue, according to a term sheet obtained by Reuters. The Company will raise funds through 72-month bonds with different interest payment frequencies which offer an effective yield ranging from 12.75% to 13.52%, the term sheet indicated. India Infoline Finance is an Non Banking Financial Company with diverse loan products like home loans, capital market finance, gold loans and healthcare finance. 

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