India's DLF Cyber City Developers plans to raise 11 billion rupees ($127.50 million) through the sale of bonds maturing in three years, two bankers said on Thursday.
The company will pay a coupon of 6.92% on this issue, which would be payable on a quarterly basis, and has invited bids from bankers and investors on Friday, they said.
The issue will have a call option three months before the bond's maturity.
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