India New Issue-Lloyds Metals accepts bids for 6-year bonds, bankers say

Lloyds Metals And Energy

07/05/2026 12:25

MUMBAI, May 7 (Reuters) - India's Lloyds Metals and Energy LYMT.NS accepted bids worth 7.5 billion rupees ($79.58 million) in a sale of bonds maturing in six years, three bankers said on Thursday.

It will pay a coupon of 8% semi-annually, and had invited commitment bids for the issue earlier in the day, they said.

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

  Here is the list of deals reported so far on May 7:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Lloyds Metal and Energy
6 years
8 (payable semi-annually)
7.5
May 7
AA (Crisil, India Ratings)

*Size includes base plus greenshoe for some issues

($1 = 94.2500 Indian rupees)

 (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Sonia Cheema)

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