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

MUMBAI, Aug 12 (Reuters) - India's HDB Financial Services HDBF.NS plans to raise 5 billion rupees ($57 million), including a greenshoe option of 3 billion rupees, through the sale of bonds maturing in three years and 40 days, three bankers said on Tuesday.

It has invited coupon and commitment bids for the issue on Wednesday, they said.

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

 Here is the list of deals reported so far on August 12:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
HDB Financial3 years and 40 daysTo be decided2+3August 13AAA( Crisil)
*Size includes base plus greenshoe for some issues ($1 = 87.6530 Indian rupees) (Reporting by Khushi Malhotra; Editing by Sumana Nandy) ((Khushi.malhotra@tr.com))

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