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BAJAJHFL Bajaj Housing Finance News Story

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

MUMBAI, Nov 13 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 5 billion rupees ($56.9 million) for the reissue of 7.10% October 2028 bond, three bankers said on Thursday.

It will offer a yield of 6.95% on this issue and had invited bids on Wednesday, they said.

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

 Here is the list of deals reported so far on November 13:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
Bajaj Housing
Oct 2028 reissue
3 years6.955November 12AAA (Crisil)
*Size includes base plus greenshoe for some issues ($1 = 88.63 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala) ((Dharamraj.dhutia@tr.com))

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