Rolta sells first Indian high-yield bond for 2013

Indian mid-cap company Rolta closes its debut bond after offering a generous yield.
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Rolta provides geographical information systems and other analytical tools
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<div style="text-align: left;"> Rolta provides geographical information systems and other analytical tools </div>

Indian IT solutions company Rolta late last week closed a $200 million high-yield bond, which is India’s first high-yield issuance this year and the first from a mid-cap Indian company in a while.

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