India's Indel Money readies its biggest ever public sale of debt, bankers say
MUMBAI: Indiwa’s Indel Money is planning to raise as much as 5 billion rupees ($52.47 million) later this month in what would be its biggest public issue of debt, merchant bankers say. Here are a few details of the issue, according to a termsheet seen by Reuters: Indel Money aims to raise at least 2.50 billion rupees through public issue, which includes a similar greenshoe option. The company…
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