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AEGISVOPAK Aegis Vopak Terminals News Story

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India New Issue-Aegis Vopak Terminal issues 3-year bonds, bankers say

MUMBAI, Jan 5 (Reuters) - India's Aegis Vopak Terminal AEGI.NS raises 10.3 billion rupees ($114.1 million) through the sale of bonds maturing in three years, three bankers said on Monday.

It will offer an annual coupon of 7.40% on this issue and had invited coupon and commitment bids for the issue on Friday, they said.

The bonds have a call option on at end of one year and two years, and if it is not exercised, the coupon would be reset.

The company did not immediately respond to a Reuters email seeking comment.

 Here is the list of deals reported so far on January 5:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
Aegis Vopak Terminal3 years7.4010.3January 2AA (India Ratings)
*Size includes base plus greenshoe for some issues ($1 = 90.2587 Indian rupees) (Reporting by Dharamraj Dhutia) ((Dharamraj.dhutia@tr.com))

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