India New Issue-Sammaan Capital to reissue April 2027 bonds, bankers say
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:
| Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
| Sammaan Capital reissue | 1 year 4 days | 8.95 (yield) | 7.5+5 | March 27 | AAA (Icra, Crisil) |
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