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    NUVOCO — Nuvoco Vistas News Story

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    India New Issue-Nuvoco Vistas Corp to issue 3-year bonds, bankers say

    Picture of Nuvoco Vistas logoNuvoco Vistas
    17/09/2025 04:08
    MUMBAI, Sept 17 (Reuters) - India's Nuvoco Vistas NUVO.NS plans to raise 6 billion rupees ($68.3 million), selling bonds maturing in three years, three merchant bankers said on Wednesday.

The company will pay an annual coupon of 7.70%, and has invited commitment bids from bankers and investors later in the day, they said.

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

  Here is the list of deals reported so far on September 17:


    IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
    Nuvoco Vistas Corp3 years7.706September 17AA (Crisil)
    Numaligarh Refinery10 yearsTo be decided10+40September 22AAA (Crisil, India Ratings)
    

*Size includes base plus greenshoe for some issues

($1 = 87.8700 Indian rupees)

 (Reporting by Dharamraj Dhutia)

 ((Dharamraj.dhutia@tr.com))

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