India New Issue-Bajaj Housing Finance to issue 5-year bonds, bankers say

Bajaj Housing Finance

15/10/2024 03:11

MUMBAI, Oct 15 (Reuters) - India's Bajaj Housing Finance  BAJO.NS  plans to raise 15
billion rupees ($178.43 million), including a greenshoe option of 5 billion rupees, through a
sale of bonds maturing in five years, three bankers said on Tuesday.
    The non-banking finance company has invited bids from bankers and investors for the issue on
Wednesday, they said.
    
 
  Here is the list of deals reported so far on Oct 15: 
                                                                          
 Issuer         Tenure        Coupon (in %)  Issue size (in  Bidding        Rating
                                             bln rupees)*    date         
                                                                          
 Bajaj Housing       5 years  To be decided            10+5  Oct. 16      AAA
 Finance                                                                  (Crisil)
 
*Size includes base plus greenshoe for some issues



($1 = 84.0670 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Rashmi Aich)
 ((Dharamraj.dhutia@tr.com))