India New Issue-Bajaj Housing Finance accepts bids for three-year bonds, bankers say

Bajaj Housing Finance

16/07/2025 08:06

MUMBAI, July 16 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 10 billion rupees ($116.6 million) for bonds maturing in three years, three merchant bankers said on Wednesday.

The company will pay a coupon of 6.97%. It had invited bids from bankers and investors earlier in the day, the bankers said.

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

   Here is the list of deals reported so far on July 16:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Bajaj Housing Finance
3 years
6.97
10
July 16
AAA (Crisil)
THDC India
10 years
To be decided
2+4
July 18
AA (Care)

*Size includes base plus greenshoe for some issues

($1 = 85.7730 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Sonia Cheema)

 ((Dharamraj.dhutia@tr.com))