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This is an archive article published on February 4, 2000

Rabo India raises Rs 100 cr

MUMBAI, FEBRUARY 3: Rabo India Finance Pvt Ltd has raised Rs 100 crore through the issue of three year non-convertible debentures. The deb...

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MUMBAI, FEBRUARY 3: Rabo India Finance Pvt Ltd has raised Rs 100 crore through the issue of three year non-convertible debentures. The debentures have annual put/call options exercisable at par. The entire amount has been raised by the book building route wherein investors were given the option of quoting their preferred coupon rate, ranging from 10.75% per annum to 11.05%. After receiving all the bids, a coupon rate of 10.85% per annum has been fixed for the NCD issue.

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