India New Issue-L&T Finance to reissue September 2029 bonds, bankers say

L&T Finance

31/08/2026 12:00

MUMBAI, Aug 31 (Reuters) - India's L&T Finance LTFL.NS plans to raise 10 billion rupees ($105.08 million), including a greenshoe option of 5 billion rupees, through the reissue of 7.8384% September 2029 bonds, three bankers said on Monday.
It has invited coupon and commitment bids for the reissue on Tuesday, they said.
The company did not immediately respond to a Reuters email seeking comment.

 Here is the list of deals reported so far on August 31: 
Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
L&T Finance 
2029 Reissue
3 years
To be decided
5+5
September 1
AAA (Crisil, Care)
SIDBI
3-year and 1 month
To be decided
20+40
September 1
AAA (Care, Crisil)
Cholamandalam Investment
Perpetual
9.87
20
August 31
AA (India Ratings, Icra)
Jio Credit
3 years
8.08
17.56
August 28
AAA (Crisil, Care)
     *Size includes base plus greenshoe for some issues

($1 = 95.1625 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Nivedita Bhattacharjee)
 ((Dharamraj.dhutia@tr.com))