India New Issue-Poonawalla Fincorp to issue multiple tenor bonds, bankers say

Poonawalla Fincorp

29/10/2025 09:52

MUMBAI, Oct 29 (Reuters) - India's Poonawalla Fincorp POON.NS plans to raise 20 billion rupees ($227.5 million) through the sale of separately transferable redeemable principal part bonds maturing in five years and in five years and six months, two bankers said on Wednesday.

It will pay a coupon of 7.90% on the issue and has invited commitment bids on Thursday, they said.

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

  Here is the list of deals reported so far on October 29:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Poonawalla Fincorp
5 years
7.90
10
October 30
AAA (Crisil)
Poonawalla Fincorp
5 years and 6 months
7.90
10
October 30
AAA (Crisil)
PFC
Oct 2030 reissue
5 years
To be decided
5+25
October 31
AAA (Crisil, Care)
PFC
15 years and 9 days
To be decided
5+25
October 31
AAA (Crisil, Care)

*Size includes base plus greenshoe for some issues

($1 = 88.16 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Sonia Cheema)

 ((Dharamraj.dhutia@tr.com))