India New Issue-HDB Financial accepts bids for reissue of 3-year bonds, bankers say

HDB Financial Services

22/07/2026 12:17

    MUMBAI, July 22 (Reuters) - India's HDB Financial Services HDBF.NS accepted bids worth 4 billion rupees ($41.4 million) for the reissue of 8.2301% July 2029 bond, three bankers said on Wednesday. 
The firm will offer a yield of 7.75%, and had invited commitment bids for the issue earlier in the day, they said. 
The company did not respond to a Reuters email seeking comment. 

    
 Here is the list of deals reported so far on July 22: 

            Issuer
          

            Tenure
          

            Coupon (in %)
          

            Issue size (in bln rupees)*
          

            Bidding date
          

            Rating
          
HDB Financial Services 8.2301% July 2029 reissue
3 years
7.75 (yield)
4
July 22
AAA (Crisil, Care)

            Bajaj Finance 7.93% June 2029 bond
          
2 years and 11 months
7.85(yield)
11.40
July 22
AAA(Crisil)

            Aditya Birla Capital 8.70% July 2029 Reissue
          
2 years 11 months and 10 days
To be decided
1+2.5
July 23
AAA (Crisil, Icra)
Aditya Birla Capital 8.10% September 2029 Reissue
3 years and 1 month and 14 days
To be decided
1.5+7.5
July 23
AAA (Crisil, Icra)
     
*Size includes base plus greenshoe for some issues



($1 = 96.5650 Indian rupees)

 (Reporting by Khushi Malhotra and Dharamraj Dhutia; Editing by Mrigank Dhaniwala)
 ((Khushi.malhotra@tr.com, Dharamraj.dhutia@tr.com))