India New Issue-India's L&T Finance accepts bids for bond issues, bankers say

L&T Finance

11/06/2025 10:28

MUMBAI, June 11 (Reuters) - India's L&T Finance LTFL.NS has accepted bids worth 17.55 billion rupees ($205.32 million) for three-year bonds and the reissue of 7.2092% June 2027 bonds, two merchant bankers said on Tuesday.

The company has invited bids from bankers and investors earlier in the day, they said.

L&T Finance did not reply to a Reuters email seeking comment.

  Here is the list of deals reported so far on June 11:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
L&T Finance
3 years
7.23
9
June 11
AAA (India Ratings, Icra)
L&T Finance
June 2027 reissue
2 years
7.1495 (yield)
8.55
June 11
AAA (India Ratings, Icra)
Tata Capital Housing May 2030 reissue
4 year and 11 months
6.9003 (yield)
4.50
June 11
AAA (Crisil)
REC
1 year and 10 months
6.37
30
June 11
AAA (Crisil, Icra, Care)
REC
4 year and 7 months
6.70
19.23
June 11
AAA (Crisil, Icra, Care)
Bajaj Housing Finance
2 years and 2 months
6.90
10
June 11
AAA (Crisil)
Bajaj Housing Finance
5 years
7.08
25
June 11
AAA (Crisil)
Poonawalla Fincorp
3 years and 3 months
7.58%
5
June 11
AAA (Crisil)
NTPC
10 years
To be decided
7+33
June 13
AAA (Crisil, Icra, Care)
Muthoot Finance May 2028 reissue
3 years
8.10 (yield)
8.60
June 10
AA+ (Crisil, Icra)
Muthoot Finance
April 2030 reissue
4 years and 11 months
8.20 (yield)
1.75
June 10
AA+ (Crisil, Icra)

*Size includes base plus greenshoe for some issues

($1 = 85.4780 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Janane Venkatraman)

 ((Dharamraj.dhutia@tr.com))