India New Issue-HDB Financial Services to reissue July 2029 bonds, bankers say

HDB Financial Services

04/08/2026 05:06

MUMBAI, Aug 4 (Reuters) - India's HDB Financial Services HDBF.NS plans to raise 10 billion rupees ($104.89 million), including a greenshoe option of 5.50 billion rupees, through the reissue of 8.2301% July 2029 bonds, three bankers said on Tuesday.
The firm will offer a yield of 7.80%, and has invited commitment bids for the issue on Wednesday, they said.
The company did not respond to a Reuters email seeking comment.
 
 Here is the list of deals reported so far on August 4: 
Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
HDB Financial
July 2029 reissue
2 year and 11 months
7.80 yield)
4.5+5.5
August 5
AAA (Crisil, Care)

*Size includes base plus greenshoe for some issues



($1 = 95.3375 Indian rupees)

 (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Nivedita Bhattacharjee)
 ((Dharamraj.dhutia@tr.com))