India New Issue-Summary of primary bond market deals reported on Nov 22

Indian Railway Finance

22/11/2023 12:30

MUMBAI, Nov 22 (Reuters) - This is a summary of primary market corporate bond deals in
India as of 6 p.m. IST (1230 GMT) on Nov. 22. Please note the list includes deals reported by
Reuters and is not exhaustive.
 
 Here is the list of deals reported so far on Nov. 22: 
                                                                       
 Issuer             Tenure       Coupon   Issue size (in  Bidding      Rating
                               (in %)     bln rupees)*    date         
                                                                       
                   10 yr       To be      10+40           Nov. 24      AAA (Careedge
 Canara Bank                   decided                                 Ratings)
                                                                       
                   5 yr        7.83       48.87           Nov. 22      AAA (Crisil)
 SIDBI                                                                 
                                                                       
             IRFC  3 yr        7.68       24.04           Nov. 22      AAA (Crisil,
                                                                       ICRA)
                   5 yr        8.90       3.25            Nov. 21      AA+ (Crisil)
 Shriram Finance                                                       
                                                                       
 Shriram Finance        10 yr       8.80               1  Nov. 21      AA+ (Crisil)
 Nirmal Bang       1 yr and 6  10.75      0.50            Nov. 21      A- (Crisil)
 Securities        months                                              
 Private                                                               
 Satin Creditcare  1 yr and 6  10.90           0.25+0.25  Nov. 23      A- (Icra)
 Network               months                                          
 
*Size includes base plus greenshoe for some issues

($1 = 83.2440 Indian rupees)

 (Reporting by Bhakti Tambe; Editing by Nivedita Bhattacharjee)
 ((Bhakti.Tambe@thomsonreuters.com))