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 reissue 3-year bonds, bankers say

MUMBAI, Nov 11 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise up to 10 billion rupees ($111.3 million), including a greenshoe option of 5 billion rupees, through the reissue of 7.10% October 2028 bond, three bankers said on Tuesday.

It has invited coupon and commitment bids for the issue on Wednesday, they said.

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

 Here is the list of deals reported so far on November 11:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
Bajaj Housing Finance 7.10% October 2028 Reissue3 yearsTo be decided5+5November 12AAA (Crisil)
HDB Financial Aug 2028 reissue2 years and 10 months7.20 (yield)2.75November 10AAA (Crisil, Care)
HDB Financial Oct 2030 reissue24 years and 11 months7.3250 (yield)1.85November 10AAA (Crisil, Care)
*Size includes base plus greenshoe for some issues ($1 = 88.6925 Indian rupees) (Reporting by Dharamraj Dhutia, Khushi Malhotra; Editing by Sonia Cheema) ((Dharamraj.dhutia@tr.com, Khushi.malhotra@tr.com))

Recent news on Bajaj Housing Finance

See all news