India New Issue-Sundaram Finance accepts bids for over 3-year bond issue, bankers say

Sundaram Finance

15/06/2026 07:33

MUMBAI, June 15 (Reuters) - India's Sundaram Finance SNFN.NS has accepted bids worth 12.60 billion rupees ($133.16 million) for bonds maturing in three years and two months, three bankers said on Monday. 
It will pay a coupon of 7.95% and had invited bids for the issue on Friday, they said.
The company did not immediately respond to a Reuters email seeking comment.

 
  Here is the list of deals reported so far on June 15: 
Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Sundaram Finance
3 years and 2 months
7.95
12.60
June 12
AAA (Crisil)
LIC Housing
5 years
7.59
11.50
June 12
AAA (Crisil, Care)

*Size includes base plus greenshoe for some issues


($1 = 94.6200 Indian rupees)

 (Reporting by Dharamraj Dhutia; Editing by Sonia Cheema)
 ((Dharamraj.dhutia@tr.com))