India New Issue-Bajaj Housing Finance accepts bids for 5-year reissue, bankers say
MUMBAI, May 12 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 9.55 billion rupees ($99.97 million) for the reissue of May 2031 bonds, three bankers said on Tuesday. It will offer a yield of 7.90% and had invited commitment bids for the issue on Monday, they said. The company did not immediately respond to a Reuters email seeking comment. Here is the list of deals reported so far on May 12:
| Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
| Bajaj Housing Finance May 2031 reissue | 5 years | 7.90 (yield) | 9.55 | May 11 | AAA (Crisil) |
| M&M Financial | 1 year and 9 months | 7.90 | 8.55 | May 11 | AAA (Crisil) |
| Aditya Birla Capital May 2031 reissue | 5 years | To be decided | 2.5+4.5 | May 13 | AAA (Crisil) |
| Aditya Birla Capital Feb 2029 reissue | 2 years and 10 months | To be decided | 2.5+2.5 | May 13 | AAA (Crisil) |
| Bajaj Finance April 2029 reissue | 2 years and 11 months | 7.95 | 10.70 | May 11 | AAA (Crisil) |
| Bajaj Finance | 5 years | 8 | 18.22 | May 11 | AAA (Crisil) |
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