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 January 2029 bonds, bankers say

MUMBAI, Feb 26 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise 15 billion rupees ($165 million) through the reissue of 7.25% January 2029 bonds, three bankers said on Thursday.

It has invited commitment bids for the issue on Friday, they said.

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

  Here is the list of deals reported so far on February 26:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
Bajaj Housing
Jan 2029 reissue
2 years and 11 monthsTo be decided5+10February 27AAA (Crisil)
NABARD3 years and 1 monthTo be decided20+60February 27AAA (Icra, Crisil)
Canara Bank10 years7.2450February 26AAA (India Ratings, Icra)
*Size includes base plus greenshoe for some issues ($1 = 90.8970 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Sonia Cheema) ((Dharamraj.dhutia@tr.com))

Recent news on Bajaj Housing Finance

See all news