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CANFINHOME Can Fin Homes News Story

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India New Issue-Can Fin Homes to issue 3-year bonds, bankers say

MUMBAI, May 27 (Reuters) - India's Can Fin Homes CNFH.NS plans to raise 10 billion rupees ($117.4 million), which includes a greenshoe option of 5 billion rupees, through sale of bonds maturing in three years, three bankers said on Tuesday.

The housing finance company has invited coupon and commitment bids for the issue on Wednesday, they said.

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

   Here is the list of deals reported so far on May 27:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
Can Fin Homes3 yearsTo be decided5+5May 28AAA (Icra)
LIC Housing Finance April 2030 reissue4 years and 11 monthsTo be decided10+25May 28AAA (Crisil, Care)
Sundaram Finance2 years6.9910May 28AAA (Crisil)
*Size includes base plus greenshoe for some issues ($1 = 85.1600 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala) ((Dharamraj.dhutia@tr.com))

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