State-run Mahanagar Telephone Nigam Ltd is planning to raise up to Rs 1,000 crore through 10-year bonds at 9.39 per cent semi-annual coupon, two sources with direct knowledge of the deal said.
The bonds are rated 'AAA (SO)' by Crisil and Care.
The telecom firm had set the base size for the sale at Rs 500 crore, they said.
Copyright @ Thomson Reuters 2014
State-run Mahanagar Telephone Nigam Ltd is planning to raise up to Rs 1,000 crore through 10-year bonds at 9.39 per cent semi-annual coupon, two sources with direct knowledge of the deal said.
The bonds are rated 'AAA (SO)' by Crisil and Care.
The telecom firm had set the base size for the sale at Rs 500 crore, they said.
Copyright @ Thomson Reuters 2014
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