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Steel Authority of India Ltd Raises INR5 Billion Via Bonds-The Economic Times
The Economic Times reported that Steel Authority of India Ltd has raised INR5 billion ($91.65 million) through its at least INR1.5 billion bonds sale, three sources with direct knowledge of the deal said. The Company is placing five year tenure bonds with a put/call option at the end of the third year at 8.75%, the sources said. The issue is scheduled for pay-in on Thursday, they said, adding that the bonds are rated AAA by Crisil and Fitch.
Latest Developments for Steel Authority of India Ltd
- Steel Authority of India Ltd Declares Interim Dividend
- Steel Authority of India Ltd Invites Bids To Raise INR1.5 Billion Via Bonds-The Economic Times
- Steel Authority of India Ltd Sets Coupon To Raise INR3 Billion Via Bonds-The Economic Times
- Steel Authority of India Ltd Plans To Raise At Least INR2.5 Billion Via Bonds-The Economic Times
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