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AEGISVOPAK — Aegis Vopak Terminals News Story

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India New Issue-Aegis Vopak Terminals to issue 3-year bonds, bankers say

MUMBAI, Nov 4 (Reuters) - India's Aegis Vopak Terminals plans to raise at least 6.6 billion rupees ($74.5 million) through the sale of bonds maturing in three years, three bankers said on Tuesday.

It will pay coupon of 6.92% p.a. on a quarterly basis, and has invited commitment bids for the issue on Thursday, they said.

The bonds will have a call and a put option on November 9, 2026 and November 9, 2027, respectively.

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

 Here is the list of deals reported so far on November 4:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
Aegis Vopak Terminals3 years6.92 (payable quarterly)6.6November 6AA (India Ratings)
JSW Paints5 yearsTo be decided33November 7AA- (Icra)
* Size includes base plus greenshoe for some issues ($1 = 88.5575 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Harikrishnan Nair) ((Dharamraj.dhutia@tr.com))

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