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BAJAJHFL Bajaj Housing Finance News Story

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India New Issue-Bajaj Housing Finance accepts bids for 3-year bonds, bankers say

MUMBAI, May 15 (Reuters) - India's Bajaj Housing Finance BAJO.NS accepted bids worth 5 billion rupees ($52.1 million) in a sale of bonds maturing in three years, three bankers said on Friday.

The non-bank lender will pay a coupon of 7.83% and had invited commitment bids for the issue earlier in the day, they said.

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

     Here is the list of deals reported so far on May 15:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
Bajaj Housing Finance3 years7.835May 15AAA (Crisil)
*Size includes base plus greenshoe for some issues ($1 = 95.9650 Indian rupees) (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Mrigank Dhaniwala) ((Dharamraj.dhutia@tr.com, khushi.malhotra@tr.com))

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