India New Issue-Bajaj Finance to reissue Nov 2029 bonds, bankers say
India New Issue-Bajaj Finance to reissue Nov 2029 bonds, bankers say MUMBAI, Oct 7 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise 20 billion rupees ($207.57 million) through the reissue of 7.78% November 2029 bonds, three bankers said on Wednesday.
The company has invited bids from bankers and investors for the issue on Thursday, they said.
Bajaj Finance did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on October 7:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 3 year and 1 month | To be decided | 5+15 | October 8 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 96.3525 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Priyanka G)
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