MUMBAI, JULY 21By Rushabh Maru: Mahindra & Mahindra Financial Services Ltd., a unit of country's biggest tractor maker, is raising Rs 1 billion by selling bonds maturing in 3 years, an official of the company said Thursday. Mahindra Finance, the unit of Mahindra & Mahindra Ltd., is offering 9.90% annual coupon on the 3-year bonds, the official told TickerNews. The issue will open and close on Jul 25 while the paying date is also on the same day. One of the arrangers to the bond issue is Standard Chartered bank. The bond issue has been rated 'AA+' by Crisil. Filed by Gautam ChakravorthyPhone: +91 (22) 66497000. feedback@tickerplantindia.com Copyright (c) TickerPlant Ltd.
Copyright (c) TickerPlant Ltd.
Copyright (c) TickerPlant Ltd.
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