India New Issue-Aditya Birla Lifestyle Brands to issue 3-year bonds, bankers say

Aditya Birla Lifestyle Brands

16/03/2026 10:59

MUMBAI, March 16 (Reuters) - India's Aditya Birla Lifestyle Brands AITT.NS plans to raise 5 billion rupees ($54.14 million) through the sale of bonds maturing in three years, three bankers said on Monday.

The firm will pay an annual coupon of 7.22% to the investors and has invited commitment bids for the issue on Tuesday, they said.

The company did not reply to a Reuters email seeking comment.

 Here is the list of deals reported so far on March 16:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Aditya Birla Lifestyle Brands
3 years
7.22
5
March 17
AA+ (Crisil)
State Bank of India
10 years
To be decided
50+25
March 17
AAA (Crisil)
JSW Kalinga Steel
5 years
8.76 (yield)
60
March 18
AA (Crisil)
JSW Kalinga Steel
5 years and 1 day
8.76 (yield)
35
March 18
AA (Crisil)
NABARD
3 year and 4 months
7.44
72.65
March 16
AAA (Icra, Crisil)
EXIM Bank
5 years
7.23
40
March 16
AAA (Crisil, Icra)

*Size includes base plus greenshoe for some issues

($1 = 92.3610 Indian rupees)

 (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Mrigank Dhaniwala)

 ((Dharamraj.dhutia@tr.com))