Picture of Bajaj Housing Finance logo

BAJAJHFL Bajaj Housing Finance News Story

0.000.00%
in flag iconLast trade - 00:00
FinancialsAdventurousLarge CapMomentum Trap

India New Issue-Bajaj Housing Finance accepts bids for 2031 bond reissue, bankers say

India New Issue-Bajaj Housing Finance accepts bids for 2031 bond reissue, bankers say

- India's Bajaj Housing Finance BAJO.NS accepted bids up to 20 billion rupees ($210.3 million) for the reissue of 8.25% May 2031 bonds, three bankers said on Friday.

It will pay a coupon of 7.95% and had invited commitment bids for the issue on Thursday, they said.

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


Here is the list of deals reported so far on June 12:

Issuer

Tenure

Coupon (in %)

Issue size (in bln rupees)*

Bidding date

Rating

Bajaj Housing Finance 8.25% bond reissue

5 years

7.95

20

June 12

AAA (Crisil)

NaBFID

3 years and 1 month

7.37

25

June 12

AAA (Crisil, Icra)

NaBFID

10 years

7.66

25

June 12

AAA (Crisil, Icra)


*Size includes base plus greenshoe for some issues


($1 = 95.1225 Indian rupees)


(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Mrigank Dhaniwala)

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

Recent news on Bajaj Housing Finance

See all news