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    SAMMAANCAP — Sammaan Capital News Story

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    India New Issue-Sammaan Capital to reissue April 2027 bonds, bankers say

    Picture of Sammaan Capital logoSammaan Capital
    25/03/2026 11:02
    MUMBAI, March 25 (Reuters) - India's Sammaan Capital SMMN.NS, formerly known as Indiabulls Housing Finance, plans to raise 12.50 billion rupees ($132.78 million), including a greenshoe option of 5 billion rupees, through the reissue of 9.75% April 2027 bonds, three merchant bankers said on Wednesday.

The housing finance company has invited bids from bankers and investors on Friday, they said.

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

Here is the list of deals reported so far on March 25:


    IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
    Sammaan Capital
    reissue    		1 year 4 days8.95 (yield)7.5+5March 27AAA (Icra, Crisil)
    

*Size includes base plus greenshoe for some issues

($1 = 94.1430 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Harikrishnan Nair)

((Dharamraj.dhutia@tr.com))

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