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    POONAWALLA — Poonawalla Fincorp News Story

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    India New Issue-Poonawalla Fincorp to issue over 2-year bonds, bankers say

    Picture of Poonawalla Fincorp logoPoonawalla Fincorp
    22/08/2025 08:09
    MUMBAI, Aug 22 (Reuters) - India's Poonawalla Fincorp POON.NS accepted bids worth 5 billion rupees ($57.2 million) for bonds maturing in two years and six months, two bankers said on Friday.

It will pay a coupon of 7.52% 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 August 22:


    IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
    Poonawalla Fincorp2 years and 6 months7.525August 22AAA (Crisil)
    

*Size includes base plus greenshoe for some issues

($1 = 87.4312 Indian rupees)

 (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Mrigank Dhaniwala)

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

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