India New Issue-Can Fin Homes accepts bids for 5-year bonds - bankers

Can Fin Homes

02/04/2024 09:41

MUMBAI, April 2 (Reuters) - India's Can Fin Homes  CNFH.NS  has accepted bids worth 9
billion rupees ($108.00 million) through the sale of bonds maturing in five years, three bankers
said on Tuesday.
    It has set a coupon of 8.18% on this bond issue, for which it had invited bids earlier in
the day. 
    
 Here is the list of deals reported so far on Apr. 2: 
                                                                      
   Issuer   Tenure        Coupon (in %)  Issue size (in  Bidding        Rating
                                         bln rupees)*    date         
                                                                      
 Can Fin         5 years           8.18               9  Apr 2        AAA
 Homes                                                                (Icra)
 Shriram         5 years  To be decided             1.5  Apr 3        AA+
 Housing                                                              (Crisil)
 Finance                                                              
 
*Size includes base plus greenshoe for some issues


($1 = 83.3360 Indian rupees)

 (Reporting by Bhakti Tambe and Dharamraj Dhutia; Editing by Janane Venkatraman)
 ((Bhakti.Tambe@thomsonreuters.com))