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India New Issue-HDB Financial Services to issue near 3-year bonds, bankers say

MUMBAI, Sept 11 (Reuters) - India's HDB Financial Services HDBF.NS plans to raise 5 billion rupees ($56.7 million) through the sale of bonds maturing in two years and 11 months, three bankers said on Thursday.

It has invited coupon and commitment bids for the issue later in the day, they said.

The company did not immediately respond to a Reuters email seeking comment.

 Here is the list of deals reported so far on September 11:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
HDB Financial2 years and 11 months7.32745September 11AAA (Crisil, Care)
*Size includes base plus greenshoe for some issues ($1 = 88.1200 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Sumana Nandy) ((Dharamraj.dhutia@tr.com))

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