Interise Trust is set to raise 20.75 billion rupees via two bond series. These bonds will mature in 19 years, five months, and 15 days. Coupons will be 6.96% and 7.3014%, paid quarterly. Staggered redemption begins December 31, 2025. One issue has a three-year call option, the other a ten-year call option. Commitment bids are invited for Wednesday.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets