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India New Issue-HDB Financial to reissue Aug 2027 bonds, bankers say

MUMBAI, Aug 20 (Reuters) - India's HDB Financial Services HDBF.NS plans to raise 10 billion rupees ($114.90 million), through the reissue of 8.33% August 2027 bonds, three bankers said on Wednesday.

It has invited coupon and 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 August 20:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
HDB Financial2 yearsTo be decided10August 21AAA(Crisil)
*Size includes base plus greenshoe for some issues ($1 = 87.0350 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Janane Venkatraman) ((Dharamraj.dhutia@tr.com))

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