March 7, 2013 / 8:27 AM / 5 years ago

India EXIM plans to raise 1 bln rupees via bonds

MUMBAI, March 7 (Reuters) - India’s Exim Bank plans to raise 1 billion rupees ($18.25 million) via 12-year bonds at 8.87 percent, a source with knowledge of the deal said on Thursday.

Trust Capital is the sole arranger to the deal, said the source. ($1 = 54.7800 rupees) (Reporting by Archana Narayanan; Editing by Anand Basu)

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