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

Can Fin Homes

30/01/2025 04:14

MUMBAI, Jan 30 (Reuters) - India's Can Fin Homes  CNFH.NS  has accepted bids worth 5
billion rupees ($57.75 million) for bonds maturing in five years, three bankers said on
Thursday.
    It will pay an annual coupon of 7.90% on this issue and had invited coupon and commitment
bids on Wednesday, they said.
    
 
  Here is the list of deals reported so far on Jan. 30: 
                                                                      
   Issuer   Tenure        Coupon (in %)  Issue size (in  Bidding      
                                         bln rupees)*    date         Rating
                                                                      
                                                                      
 Can Fin         5 years           7.90               5  Jan. 29      AAA
 Homes                                                                (Care)
 
*Size includes base plus greenshoe for some issues



($1 = 86.5730 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)
 ((Dharamraj.dhutia@tr.com))