India New Issue-KPI Green Energy to issue 5-year bonds, bankers say

KPI Green Energy

10/09/2025 05:50

MUMBAI, Sept 10 (Reuters) - India's KPI Energy KPIG.NS plans to raise 6.7 billion rupees ($76 million) through the sale of bonds maturing in five years, three bankers said on Wednesday.

It will pay a coupon of 8.50%, on a quarterly basis, and has invited commitment bids for the issue later 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 September 10:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
KPI Green Energy
5 years
8.5% (quarterly)
6.7
September 10
A- (Icra)
Mindspace Business Parks REIT
2 years
To be decided
6
September 10
AAA( Crisil)
Sundaram Finance
2 years
7.05
10
September 10
AAA (Crisil)
Bajaj Finance
3 years and 3 months
To be decided
10+10
September 10
AAA (Crisil)
Manipal Hospitals
2 years
To be decided
53.10
September 10
AA (India Ratings)
Poonawalla Fincorp
3 years
7.58
10
September 9
AAA (Crisil)

*Size includes base plus greenshoe for some issues

($1 = 88.1400 Indian rupees)

 (Reporting by Khushi Malhotra and Dharamraj Dhutia; Editing by Mrigank Dhaniwala)

 ((Khushi.malhotra@tr.com , Dharamraj.dhutia@tr.com))