BOMBAY, Jan 2 (Reuters) - Automobile parts manufacturer Wheels India Ltd [WHEL.NS] raised 50 million rupees by placing 84-day commercial paper (CP) at 5.90 percent with a state-run bank, debt dealers said on Thursday.
The 84-day term begins on January 3.
The issue has been assigned a rating of 'A1+' by Indian rating agency ICRA Ltd, indicating highest safety.
Sign in to access
this Article
"New Issue-Wheels India places 84-day CP at 5.9 pct" 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.
