MUMBAI -- India's Aegis Global Ltd. has hired three banks and met investors ahead of a planned high-yield dollar bond sale through one of its global units, two people familiar with the matter said.
Aegis, the unlisted software services arm of the diversified Essar conglomerate, had met global bond investors in the last week of May and will seek to launch the issue subject to market conditions, they added.
The bond will be sold through one of Aegis' overseas units, but fully backed by Aegis Global, one of the people said.
Deutsche Bank AG, UBS AG and Standard Chartered Bank PLC are managing the deal, both the people added.