India New Issue-Bajaj Finance accepts bids for over 3-year bonds, bankers say
MUMBAI, Sept 10 (Reuters) - India's Bajaj Finance BJFN.NS HAS accepted bids worth 13.5 billion rupees ($153.27 million) for bonds maturing in three years and three months, three bankers said on Wednesday. They said the non-banking financial company will pay a coupon of 7.24% had invited bids from bankers and investors earlier in the day. Bajaj Finance did not respond to a Reuters email for comment. Here is the list of deals reported so far on September 10:
| Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
| KPI Green Energy | 5 years | 8.5 (quarterly) | 6.7 | September 10 | A- (Icra) |
| Sundaram Finance | 2 years | 7.05 | 10 | September 10 | AAA (Crisil) |
| Bajaj Finance | 3 years and 3 months | 7.24 | 13.5 | September 10 | AAA (Crisil) |
| Manipal Hospitals | 2 years | 9.03 (yield) | 53.10 | September 10 | AA (India Ratings) |
| Poonawalla Fincorp | 3 years | 7.58 | 10 | September 9 | AAA (Crisil) |
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