MUMBAI: India's Reliance Jio<\/a> Infocomm plans<\/a> to raise funds from the sale of commercial papers maturing in two months, three merchant bankers said on Wednesday.
The company will offer a yield of 6.79% on this issue and it has received commitments worth around 50 billion rupees ($614.42 million) so far, the bankers said.
The notes are rated A1+ by CARE Ratings.
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