Picture of Bajaj Housing Finance logo

BAJAJHFL Bajaj Housing Finance News Story

0.000.00%
in flag iconLast trade - 00:00
FinancialsAdventurousLarge CapMomentum Trap

India New Issue-Bajaj Housing Finance to issue over 2-year bonds, bankers say

MUMBAI, Oct 9 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise 10 billion rupees ($112.7 million), which  includes a greenshoe option of 5 billion rupees, through a sale of bonds maturing in two years and three months, two merchant bankers said on Thursday.

The company has invited bids from bankers and investors on Friday, the bankers said.

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

 Here is the list of deals reported so far on October 9:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
Bajaj Housing Finance2 years and 3 monthsTo be decided5+5October 10AAA(Crisil)
*Size includes base plus greenshoe for some issues ($1 = 88.7740 Indian rupees) (Reporting by Dharamraj Dhutia and Khushi Malhotra, Editing by Eileen Soreng) ((Dharamraj.dhutia@tr.com))

Recent news on Bajaj Housing Finance

See all news