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BAJAJHFL Bajaj Housing Finance News Story

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India New Issue-Bajaj Housing Finance to reissue January 2029 bonds, bankers say

MUMBAI, April 15 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise 10 billion rupees ($107.05 million), including a greenshoe option of 5 billion rupees, through the reissue of 7.25% January 2029 bonds, three bankers said on Wednesday.

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

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

  Here is the list of deals reported so far on April 15:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
Bajaj Housing Finance Jan 2029 bond2 years and 9 monthsTo be decided5+5April 16AAA (Crisil)
Bajaj Finance3 yearsTo be decided5+25April 16AAA(Crisil)
Muthoot Finance3 years and 2 months8.4520+10April 16AA+ (Crisil,Icra)
*Size includes base plus greenshoe for some issues ($1 = 93.4170 Indian rupees) (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Sonia Cheema) ((Dharamraj.dhutia@tr.com, Khushi.malhotra@tr.com))

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