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BAJAJHFL Bajaj Housing Finance News Story

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India New Issue-Bajaj Housing Finance to issue 3-year bonds, bankers say

MUMBAI, Jan 21 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise 25 billion rupees ($273.67 million), including a greenshoe option of 20 billion rupees, through the sale of bonds maturing in three years, three bankers said on Wednesday.

It has invited coupon and commitment bids for the issue later in the day, they said.

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

 Here is the list of deals reported so far on January 21:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
Bajaj Housing Finance3 yearsTo be decided5+20January 21AAA (Crisil)
*Size includes base plus greenshoe for some issues ($1 = 91.3500 Indian rupees) (Reporting by Dharamraj Dhutia and Khushi Malhotra) ((Dharamraj.dhutia@tr.com, Khushi.malhotra@tr.com))

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