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BAJAJHFL — Bajaj Housing Finance News Story

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India New Issue-Bajaj Housing Finance accepts bids for 4-year bonds, bankers say

India New Issue-Bajaj Housing Finance accepts bids for 4-year bonds, bankers say

- India's Bajaj Housing Finance BAJO.NS accepts bids worth 25 billion rupees ($263.63 million) in a sale of bonds maturing in four years, three bankers said on Wednesday.

It will pay a coupon of 7.64%, and had invited commitment bids for the issue on Tuesday, they said.

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

Here is the list of deals reported so far on July 1:

Issuer

Tenure

Coupon (in %)

Issue size (in bln rupees)*

Bidding date

Rating

Bajaj Housing Finance

4 years

7.64

25

June 30

AAA (Crisil)

* Size includes base plus greenshoe for some issues


($1 = 94.8300 Indian rupees)


(Reporting by Dharamraj Dhutia and Khushi Malhotra)

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

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