MUMBAI, May 16 (Reuters) - India's top tyre-maker MRF has invited bids to raise 5 billion rupees via bonds, four sources in knowledge of the deal told Reuters.
The company has invited bids by May 19 which will be valid till May 21, sources said.
The bonds carry a AAA rating from CARE and LAA+ from ICRA. (Reporting by Neha D'silva and Archana Narayanan; Editing by Sunil Nair)
Sign in to access
this Article
"NEW ISSUE- India's MRF invites bids to sell 5 bln rupees of bonds- sources" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
Why Become a Premium Subscriber?
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.
