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JSW Group firms plan $300 million debt sales, bankers say
MUMBAI: Two JSW Group firms will raise a total of around 28.5 billion rupees ($298 million) through shorter-tenor bonds in the October-December quarter, a couple of bankers said on Monday. JSW Energy plans to raise around 15 billion rupees through up to five-year bonds, while JSW Steel could raise around 13.5 billion rupees via three-year or four-year debt, the bankers said, requesting anonymity as they are not authorised to speak to the media. The companies could tap the market in October if rates are favourable, according to the bankers. The firms did not respond to emails seeking comment. B...
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