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CANFINHOME Can Fin Homes News Story

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India New Issue-Can Fin Homes accepts bids for bond issue, bankers say

MUMBAI, March 3 (Reuters) - India's Can Fin Homes CNFH.NS has accepted bids worth 5.4 billion rupees ($61.83 million) for bonds maturing in 1 year and 10 months, three bankers said on Monday.

It will pay an annual coupon of 8.09% and had invited bids from bankers and investors for the issue earlier in the day, they said.

The company did not reply to a Reuters email for comment.

  Here is the list of deals reported so far on March 3:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
Can Fin Homes1 year and 10 months8.095.40March 3AAA (Icra)
LIC Housing Oct 2027 reissue2 years and 8 months7.74 (yield)7March 3AAA (Crisil, Care)
360 One Prime2 years9.405March 3AA (Icra)
JSW Energy3 years8.757March 3AA (Icra, India Ratings)
JSW Energy5 years8.805March 3AA (Icra, India Ratings)
UltraTech Cement3 yearsTo be decided10March 4AAA (Crisil)
UltraTech Cement5 yearsTo be decided10March 4AAA (Crisil)
*Size includes base plus greenshoe for some issues ($1 = 87.3330 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Shilpi Majumdar) ((Dharamraj.dhutia@tr.com))

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