BIZ BRIEFS2

BIZ BRIEFS2

India Infoline Finance Thursday

said it plans to raise Rs 2,000 crore through retail bonds.

The base size of the bond issue is Rs 250 crore and

has a green-shoe option to retain over-subscription up to

Rs 1,750 crore.

The company is offering a yield of 10.50 per cent per

annum for individual and other categories, and 10.35 per cent

for institutional category, for tenor of 120 months with

frequency of monthly and annual payment.

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Edelweiss raises Rs 9,200 cr from alternative investment fund

* Edelweiss Financial Services Thursday said it has

raised Rs 9,200 crore through its Edelweiss India Special

Assets Fund (EISAF) II, an alternative investment fund.

The funds was raised from insurance companies and

pension funds het net worth individuals.

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