Picture of Bajaj Housing Finance logo

BAJAJHFL Bajaj Housing Finance News Story

0.000.00%
in flag iconLast trade - 00:00
FinancialsAdventurousLarge CapMomentum Trap

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

MUMBAI, April 17 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 10 billion rupees ($107.7 million) for the reissue of 7.25% January 2029 bonds, three bankers said on Friday.

The company will offer a yield of 7.59% on this issue and had invited commitment bids on Thursday, they said.

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

 Here is the list of deals reported so far on April 17:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
Bajaj Housing
Jan 2029 reissue
2 years and 9 months7.59 (yield)10April 16AAA (Crisil)
*Size includes base plus greenshoe for some issues ($1 = 92.8512 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala) ((Dharamraj.dhutia@tr.com))

Recent news on Bajaj Housing Finance

See all news