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08-02-2022 02:58 PM | Source: IANS
Chambal Fertilisers to issue 3-mnth CP - bankers
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India’s Chambal Fertilisers and Chemicals Ltd plans to raise funds selling commercial paper maturing in three months, three merchant bankers said on Tuesday.
The company will offer a yield of 5.85% on this issue and has received commitments worth around four billion rupees ($50.89 million) so far, the bankers said.
The notes are rated A1+ by CRISIL and have a value date of Aug. 8
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