India New Issue-Bajaj Housing Finance to issue 10-year bonds, bankers say
India New Issue-Bajaj Housing Finance to issue 10-year bonds, bankers say MUMBAI, July 31 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise up to 20 billion rupees ($209 million), including a greenshoe option of 15 billion rupees, through the sale of bonds maturing in 10 years, three bankers said on Friday.
It has invited coupon and commitment bids for the issue on Monday, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on July 31:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 10 | To be decided | 5+15 | July 31 | AAA(Crisil, India Ratings) |
*Size includes base plus greenshoe for some issues
($1 = 95.6800 Indian rupees)
(Reporting by Khushi Malhotra and Dharamraj Dhutia; Editing by Mrigank Dhaniwala)
((Khushi.malhotra@tr.com, Dharamraj.dhutia@tr.com))
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