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KRT Knowledge Realty Trust News Story

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India New Issue-Knowledge Realty Trust accepts bids for bond issue, bankers say

India New Issue-Knowledge Realty Trust accepts bids for bond issue, bankers say

- India's Knowledge Realty Trust KNOE.NS accepts bids worth 6 billion rupees ($63.6 million) for bonds maturing in two years and eight months, three bankers said on Thursday.

It will pay a coupon of 7.5397%, and had invited commitment bids for the issue earlier in the day, they said.

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



Here is the list of deals reported so far on June 18:

Issuer

Tenure

Coupon (in %)

Issue size (in bln rupees)*

Bidding date

Rating

Knowledge Realty Trust

2 years and 8 months

7.5397%

6

June 18

AAA (Crisil, Icra)


*Size includes base plus greenshoe for some issues



($1 = 94.3325 Indian rupees)


(Reporting by Dharamraj Dhutia; Editing by Varun H K)

((Dharamraj.dhutia@tr.com))

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