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    HDFCLIFE — HDFC Life Insurance News Story

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    India New Issue-HDFC Life Insurance accepts bids for bond issue, bankers say

    Picture of HDFC Life Insurance logoHDFC Life Insurance
    15/12/2025 11:00
    MUMBAI, Dec 15 (Reuters) - India's HDFC Life Insurance HDFL.NS has accepted bids worth 7.49 billion rupees ($82.57 million) for subordinated bonds maturing in 10 years, three bankers said on Monday.

The insurer will pay a coupon of 7.63% and has invited bids from bankers and investors for the issue on Friday, they said.

The bonds carry a call option at the end of the fifth year and every year thereafter.

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

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


    IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
    HDFC Life Insurance10 years7.637.49December 12AAA (Icra)
    Andhra Pradesh State Beverages Corp1-10 years9.1554.90December 12AA(CE)(India Ratings, Acuite)
    

*Size includes base plus greenshoe for some issues

($1 = 90.7110 Indian rupees)

 (Reporting by Dharamraj Dhutia)

 ((Dharamraj.dhutia@tr.com))

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