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India New Issue-Bajaj Finance accepts bids for bond issue, bankers say

MUMBAI, April 17 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 20.04 billion rupees ($216.16 million) for bonds maturing in three years, three bankers said on Friday.

It will pay an annual coupon of 7.77% and had invited bids for the issue on Thursday, they said.

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

  Here is the list of deals reported so far on April 17:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
Bajaj Finance3 years7.7720.04April 16AAA (Crisil)
Bajaj Housing
Jan 2029 reissue
2 years and 9 months7.59 (yield)10April 16AAA (Crisil)
* Size includes base plus greenshoe for some issues ($1 = 92.7075 Indian rupees) (Reporting by Dharamraj Dhutia) ((Dharamraj.dhutia@tr.com))

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