India New Issue-Bajaj Housing Finance accepts bids for multiple tenor bonds, bankers say
MUMBAI, June 11 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 35 billion rupees ($409.4 million) for two-year and two-month bonds and five-year bonds, two merchant bankers said on Wednesday. The company will pay an annual coupon of 6.90% and 7.08% on these issues and had invited bids from bankers and investors earlier in the day, they said. Bajaj Housing Finance did not reply to a Reuters email seeking comment. Here is the list of deals reported so far on June 11:
| Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
| Bajaj Housing Finance | 2 years and 2 months | 6.90 | 10 | June 11 | AAA (Crisil) |
| Bajaj Housing Finance | 5 years | 7.08 | 25 | June 11 | AAA (Crisil) |
| Poonawalla Fincorp | 3 years and 3 months | 7.58% | 5 | June 11 | AAA (Crisil) |
| NTPC | 10 years | To be decided | 7+33 | June 13 | AAA (Crisil, Icra, Care) |
| Muthoot Finance May 2028 reissue | 3 years | 8.10 (yield) | 8.60 | June 10 | AA+ (Crisil, Icra) |
| Muthoot Finance April 2030 reissue | 4 years and 11 months | 8.20 (yield) | 1.75 | June 10 | AA+ (Crisil, Icra) |
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