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01-01-1970 12:00 AM | Source: IANS
Shree Cement to issue 2-month CP - traders
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- India’s Shree Cement plans to raise funds selling commercial papers maturing in two months, three merchant bankers said on Wednesday.
The company will offer a yield of 6.78% on this issue, and has received commitments worth around 1 billion rupees ($12.29 million), the bankers said.
The notes are rated A1+ by CRISIL.
($1 = 81.3800 Indian rupees)
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