SAIL plans to raise at least 5 bln rupees via commercial paper

by Psu Connect
Date:

MUMBAI. Steel Authority of India Ltd has invited bids on Monday to raise at least 5 billion rupees ($81.79 million) through an issue of short-term paper, a termsheet seen by Reuters showed. The country's largest domestic steel producer is looking to issue 69-73 day or 360-362 day commercial papers, as per the document.

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