India New Issue-Summary of primary bond market deals reported on Nov 20

Indian Railway Finance

20/11/2023 12:30

MUMBAI, Nov 20 (Reuters) - This is a summary of primary market corporate bond deals in
India as of 6 p.m. IST (1230 GMT) on Nov. 20. Please note the list includes deals reported by
Reuters and is not exhaustive.
    
 Here is the list of deals reported so far on Nov. 20: 
                                                                              
 Issuer             Tenure        Coupon (in %)  Issue size (in  Bidding      Rating
                                                 bln rupees)*    date         
                                                                              
             IRFC   3 yr          To be decided  5+25            Nov. 22      AAA (Crisil,
                                                                              ICRA)
             Bajaj  9 yr and 10   7.88           5               Nov. 20      AAA (Crisil)
 Finance Sep 2030   months                                                    
 reissue                                                                      
                                                                              
                    5 yr          8.90           2.5+5           Nov. 21      AA+ (Crisil)
 Shriram Finance                                                              
                                                                              
 Shriram Finance    10 yr         8.80           1+2             Nov. 21      AA+ (Crisil)
                    1 yr and 3    To be decided  6+3             Nov. 21      AA (Icra)
 Piramal Capital    months                                                    
 and Housing                                                                  
 Finance                                                                      
                                                                              
 DMI Finance        1 yr and 9    9.75           2+2             Nov. 21      AA (Icra)
 Private            months                                                    
    
 *Size includes base plus greenshoe for some issues
 
 ($1 = 83.2440 Indian rupees)

 (Reporting by Bhakti Tambe)
 ((Bhakti.Tambe@thomsonreuters.com))