India New Issue-Can Fin Homes to issue 5-year bonds, bankers say

Can Fin Homes

28/03/2024 03:26

MUMBAI, March 28 (Reuters) - India's Can Fin Homes  CNFH.NS  plans to raise 9 billion
rupees ($108 million) through a sale of bonds maturing in five years, three merchant bankers
said on Thursday.
    The non-banking financial company has invited bids from bankers and investors on Tuesday,
they said.
    
 
 Here is the list of deals reported so far on March 28: 
                                                                      
   Issuer   Tenure        Coupon (in %)  Issue size (in  Bidding      Rating
                                         bln rupees)*    date         
                                                                      
 Can Fin         5 years  To be decided             3+6  April 2      AAA (Careedge,
 Homes                                                                Icra)
 
*Size includes base plus greenshoe for some issues



($1 = 83.3300 Indian rupees)

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