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BAJAJHFL — Bajaj Housing Finance News Story

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India New Issue-Bajaj Housing Finance reissues 10-year bonds, bankers say

India New Issue-Bajaj Housing Finance reissues 10-year bonds, bankers say

- India's Bajaj Housing Finance BAJO.NS raises 5 billion Indian rupees ($52.15 million) through the reissue of 7.87% August 2036 bonds, three bankers said on Friday.

The company will offer a yield of 8.14% and had invited bids for the issue on Thursday, they said.

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



Here is the list of deals reported so far on September 18:

Issuer

Tenure

Coupon (in %)

Issue size (in bln rupees)*

Bidding date

Rating

Bajaj Housing
Aug 2036 reissue

9 year and 11 months

8.14 (yield)

5

September 17

AAA (Crisil, India Ratings)


*Size includes base plus greenshoe for some issues




($1 = 95.8725 Indian rupees)


(Reporting by Dharamraj Dhutia; Editing by Ronojoy Mazumdar)

((Dharamraj.dhutia@tr.com))

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