India’s Jio Finance faucets debt market with debut industrial paper difficulty earlier than bond sale, bankers say, ETCFO
India’s Jio Finance, a wholly-owned unit of Jio Monetary Companies, has tapped the debt market with its maiden industrial paper (CP) issuance, forward of its debut bond sale later this month, three service provider bankers stated on Thursday. The non-banking finance firm has issued three-month CPs at a yield of seven.80% and accepted bids price…