India New Issue-HDB Financial to issue 5-year bonds, bankers say

HDB Financial Services

15/07/2026 07:21

    MUMBAI, July 15 (Reuters) - India's HDB Financial Services HDBF.NS plans to raise up to 5 billion rupees ($52.01 million), including a greenshoe option of 3 billion rupees, through the sale of bonds maturing in five years, three bankers said on Wednesday.
It will pay a coupon of 7.8324% and has invited commitment bids for the issue on Thursday, they said. 
The company did not immediately respond to a Reuters email seeking comment. 

    
 
 Here is the list of deals reported so far on July 15: 

            Issuer
          

            Tenure
          

            Coupon (in %)
          

            Issue size (in bln rupees)*
          

            Bidding date
          

            Rating
          
HDB Financial Services
5 years
7.8324
2+3
July 16
AAA (Crisil, Care)

            TVS Motor
          
3 years
7.3
5
July 16
 AAA(Care)

*Size includes base plus greenshoe for some issues



($1 = 96.1350 Indian rupees)

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