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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

MUMBAI, Jan 12 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 5 billion rupees for 7.10% October 2028 bonds, two merchant bankers said on Monday.

The non-banking financial company will offer a yield of 7.08% to the investors and had invited bids on Friday.

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

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

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
Bajaj Housing Oct 2028 reissue2 year and 9 months7.08 (yield)5January 9AAA (Crisil
Kotak Mahindra Prime5 yearsTo be decided5+1January 12AAA (Crisil)
* Size includes base plus greenshoe for some issues (Reporting by Dharamraj Dhutia) ((Dharamraj.dhutia@tr.com))

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