India New Issue-Can Fin Homes accepts bids for over 2-year bonds, bankers say

Can Fin Homes

17/03/2025 08:28

MUMBAI, March 17 (Reuters) - India's Can Fin Homes has accepted bids worth 15.1 billion rupees ($173.90 million) for bonds maturing in two years and two months, three bankers said.

   It will pay an annual coupon of 8.20% on this issue and had invited coupon and commitment bids on Monday, they said.

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

  Here is the list of deals reported so far on March 17:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Can Fin Homes
2 years and 2 months
8.20%
15.1
March 17
AAA (Icra)
NIIF
7 years and 2 months
To be decided
2+5.5
March 18
AAA (Care, Icra
Tata Capital Oct 2027 reissue
2 years and 7 months
To be decided
2.50+7.50
March 18
AAA (Crisil, Icra)
Tata Capital
Oct 2028 reissue
3 years and 7 months
To be decided
1+5
March 18
AAA (Crisil, Icra)
Muthoot Finance
3 years
To be decided
6+9
March 17
AA+ (Crisil)
Hinduja Leyland Finance
10 years
To be decided
7
March 17
AA+ (Crisil)

  * Size includes base plus greenshoe for some issues

   ($1 = 86.8300 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Sherry Jacob-Phillips
Editing by)

 ((Dharamraj.dhutia@tr.com))