India New Issue-Bajaj Housing Finance to reissue August 2031 bonds, bankers say
India New Issue-Bajaj Housing Finance to reissue August 2031 bonds, bankers say MUMBAI, Sept 23 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise 15 billion rupees ($156.70 million) through the reissue of 7.79% August 2031 bonds, three bankers said on Wednesday.
The company has invited bids for the issue on Thursday, they said.
Bajaj Housing Finance did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on September 23:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing | 4 year and 11 months | 5+10 | September 24 | AAA (Crisil, India Ratings) | |
Clean Max Enviro | 2 years | 8.25 | 2 | September 24 | AA (Crisil) |
Clean Max Enviro | 3 years | 8.4850 | 4 | September 24 | AA (Crisil) |
Clean Max Enviro | 5 years | 8.7650 | 8.07 | September 24 | AA (Crisil) |
Clean Max Enviro | 10 years | 8.7650 | 6.15 | September 24 | AA (Crisil) |
Clean Max Enviro | 10 years | 8.7650 | 4.78 | September 24 | AA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 95.7225 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Priyanka G)
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