India New Issue-Bajaj Housing Finance to issue multiple tenor bonds, bankers say

Bajaj Housing Finance

10/06/2025 05:50

MUMBAI, June 10 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise 35 billion rupees ($409.1 million), which includes a greenshoe option of 15 billion rupees, through the sale of two-year and two-month bonds and five-year bonds, two merchant bankers said on Tuesday.

The company has invited bids from bankers and investors earlier on Wednesday, they said.

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

  Here is the list of deals reported so far on June 10:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Bajaj Housing Finance
2 years and 2 months
To be decided
10
June 11
AAA (Crisil)
Bajaj Housing Finance
5 years
To be decided
10+15
June 11
AAA (Crisil)
L&T Finance
3 years
7.23
1.50+7.50
June 11
AAA (India Ratings, Icra)
L&T Finance
June 2027 reissue
2 years
To be decided
1.50+7.50
June 11
AAA (India Ratings, Icra)

*Size includes base plus greenshoe for some issues

($1 = 85.5650 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Sonia Cheema)

 ((Dharamraj.dhutia@tr.com))