India New Issue-Can Fin Homes to issue March 2026 bonds - traders

Can Fin Homes

20/12/2022 13:24

MUMBAI, Dec 20 (Reuters) - India's Can Fin Homes
 CNFH.NS  plans to raise at least 2 billion rupees ($24.19
million) through bonds maturing in March 2026, three merchant
bankers said on Tuesday. 
    The non-banking finance company has invited bids from
merchant bankers and investors on Thursday.
    The issue also has a greenshoe option to retain
ovrsubscription of up to 8 billion rupees. 
    The bonds are rated AAA by CARE. 
($1 = 82.6830 Indian rupees)
 (Reporting by Bhakti Tambe; Editing by Maju Samuel)
 ((Bhakti.Tambe@thomsonreuters.com;))