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India New Issue-Sammaan Capital accepts bids for bond issues, bankers say

India New Issue-Sammaan Capital accepts bids for bond issues, bankers say

- India's Sammaan Capital SMMN.NS has accepted bids worth 14 billion rupees ($146.88 million) for bonds maturing in one year and two months, and in one year and eight months, three bankers said on Friday.

It will pay a coupon of 8.03% and 8.43%, respectively, and had invited commitment bids for the issue 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 July 3:

Issuer

Tenure

Coupon (in %)

Issue size (in bln rupees)*

Bidding date

Rating

Sammaan Capital

14 months

8.03

8

July 2

AA+ (Crisil, Icra)

Sammaan Capital

20 months

8.43

6

July 2

AA+ (Crisil, Icra)


*Size includes base plus greenshoe for some issues




($1 = 95.3150 Indian rupees)


(Reporting by Dharamraj Dhutia)

((Dharamraj.dhutia@tr.com))

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