India New Issue-Bajaj Housing accepts bids for bond reissue, bankers say

Bajaj Housing Finance

27/06/2025 10:10

MUMBAI, June 27 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 10 billion rupees ($117.02 million) for the reissue of its 7.02% May 2028 bonds, three merchant bankers said on Friday.

The company will offer a yield of 7.05% and had invited bids from bankers and investors earlier in the day, they said.

Bajaj Housing Finance did not reply to a Reuters email seeking comment.

  Here is the list of deals reported so far on June 27:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Bajaj Housing Finance May 2028 Reissue
2 years and 11 months
7.05 (yield)
10
June 27
AAA (Crisil)
Embassy Office Parks REIT
1 year 8 months and 20 days
6.9650 (quarterly)
7.50
June 26
AAA (Crisil)
Kotak Mahindra Investments
2 years and 19 days
7.2941
0.75+2.75
June 30
AAA (Crisil)
Kotak Mahindra Investments
3 years, 1 month and 10 days
7.3286
1+3
June 30
AAA (Crisil)

*Size includes base plus greenshoe for some issues

($1 = 85.4560 Indian rupees)

 (Reporting by Khushi Malhotra and Dharamraj Dhutia; Editing by Vijay Kishore)

 ((Khushi.malhotra@tr.com, Dharamraj.dhutia@tr.com))