India New Issue-Summary of primary bond market deals reported on June 8

Sundaram Finance

08/06/2023 13:30

MUMBAI, June 8 (Reuters) - A summary of primary market corporate debt deals in India as
of 1800 IST (1230 GMT) on June 8. Please note the list includes deals reported by Reuters and is
not exhaustive.
    
 Below is the list of deals reported so far on June 8:
                                                                                    Rating
 Issuer            Tenure                     Issue size (in            
                                     Coupon   bln rupees)*    Bidding   
                                     (in %)                   date      
                                                                        
                                                                        
                   10-yr             To be    50+50           June 15   AAA (Crisil, ICRA)
 NaBFID                              decided                            
                                                                        
                   2-yr              7.74     5               June 8    AAA (ICRA)
 Sundaram Finance                                                       
                                                                        
 Northern Arc      1-yr and 1 mnt    9.00     0.25 + 0.75     June 9    AA- (ICRA)
 Capital                                                                
                   3-yr and 3 mnts   7.44     60              June 8    AAA(CARE Ratings, ICRA)
 SIDBI                                                                  
                                                                        
 
*Size includes base plus greenshoe for some issuance


($1 = 82.5525 Indian rupees)

 (Reporting by Bhakti Tambe; Editing by Shinjini Ganguli)
 ((Bhakti.Tambe@thomsonreuters.com))