India New Issue-Lloyds Metals and Energy accepts bids for 10-year bonds, bankers say
07/08/2026 07:12
India New Issue-Lloyds Metals and Energy accepts bids for 10-year bonds, bankers say MUMBAI, Aug 7 (Reuters) - India's Lloyds Metals and Energy LYMT.NS accepts bids worth 7 billion rupees ($73.48 million) for bonds maturing in 10 years, three bankers said on Friday.
The firm will pay a coupon of 9.02%, and had invited commitment bids for the issue on Thursday, they said.
The company did not respond to a Reuters email seeking comment.
Here is the list of deals reported so far on August 7:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Lloyds Metals | 10 years | 9.02 | 7 | August 6 | AA (Crisil, India Ratings) |
*Size includes base plus greenshoe for some issues
($1 = 95.2650 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Harikrishnan Nair)
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