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KRT Knowledge Realty Trust News Story

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India New Issue-Knowledge Realty Trust accepts bids for over 3-year bonds, bankers say

MUMBAI, Feb 9 (Reuters) - India's Knowledge Realty Trust KNOE.NS accepts bids worth 10 billion rupees ($110.47 million) for bonds maturing in three years and three months, three bankers said on Monday.

It will pay a coupon of 7.5378% and had invited commitment bids for the issue on Friday, they said.

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

Here is the list of deals reported so far on February 9:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
Knowledge Realty Trust3 years and 2 months7.537810February 6AAA (Crisil, ICRA)
Cholamandalam Investment and Finance Company1 year and 7 months7.77(yield)10+5February 9AA+ (Icra)
Tata Capital 7.95% 2028 bond reissue2 years7.952.5+12.5February 9AAA(Crisil, Incra)
*Size includes base plus greenshoe for some issues ($1 = 90.5210 Indian rupees) (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Harikrishnan Nair) ((Dharamraj.dhutia@tr.com, khushi.malhotra@tr.com))

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