Business Standard

Dsp Merrill Declares Dividend For Equity Fund

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Indian banks holding $40 million worth of Essar Steel's $250 million floating rate notes (FRNs) have all decided to opt for the 12-year securitised debt option. The FRNs will be converted into senior securitised debt at par with loans extended by the financial i

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First Published: Jun 15 1999 | 12:00 AM IST

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