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BAJAJHFL Bajaj Housing Finance News Story

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

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

- India's Bajaj Housing Finance BAJO.NS has accepted bids worth 20 billion Indian rupees ($209.03 million) for bonds maturing in five years, three bankers said on Tuesday.

It will pay an annual coupon of 8.25% and had invited bids for the issue earlier in the day, they said.

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



Here is the list of deals reported so far on May 26:

Issuer

Tenure

Coupon (in %)

Issue size (in bln rupees)*

Bidding date

Rating

Bajaj Housing Finance

5 years

8.25

20

May 26

AAA (Crisil)

NHPC STRPP

6 to 15 years

7.67

20

May 26

AAA (Care, India Ratings)

360 One Prime

2 years and 2 months

To be decided

11.50+3.5

May 27

AA (Icra)

Cholamandalam Investment

2 years and 9 months

91-day treasury bill linked

50

May 25

AA+ (Icra, Care)

* Size includes base plus greenshoe for some issues


*Size includes base plus greenshoe for some issues




($1 = 95.6800 Indian rupees)


(Reporting by Dharamraj Dhutia; Editing by Ronojoy Mazumdar)

((Dharamraj.dhutia@tr.com))

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