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Published on 11/16/2004 in the Prospect News Emerging Markets Daily.

India's IDBI to sell $300 million notes via Barclays Capital, Merrill Lynch by year-end

By Paul A. Harris

St. Louis, Nov. 16 - The Industrial Development Bank of India is expected to offer $300 million of five-year notes before the end of the year, according to a market source.

Barclays Capital and Merrill Lynch have the bookrunning mandate.

Industrial Development Bank of India is based in Mumbai, India.


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