India New Issue-Bajaj Housing Finance to reissue May 2028 bonds, bankers say

Bajaj Housing Finance

26/06/2025 05:22

MUMBAI, June 26 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise 10 billion rupees ($116.4 million), including a greenshoe option of 5 billion rupees, through the reissue of 7.02% May 2028 bonds, three merchant bankers said on Wednesday.

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

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

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

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Bajaj Housing 
May 2028 reissue
2 years and 11 months
To be decided
5+5
June 27
AAA (Crisil)
Shriram Finance May 2027 reissue
1 year and 11 months
7.75 (yield)
4+1
June 27
AA+ (Crisil)

*Size includes base plus greenshoe for some issues

($1 = 85.8780 Indian rupees)

 (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Sonia Cheema)

 ((Dharamraj.dhutia@tr.com))