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India New Issue-Tata Capital accepts bids for 3-year bonds, bankers say

India New Issue-Tata Capital accepts bids for 3-year bonds, bankers say

- India's Tata Capital has accepted bids worth 24.75 billion rupees ($261.95 million) for bonds maturing in three years, three bankers said on Friday.

It will pay a coupon of 8.05% and had invited bids for the issue earlier in the day, they said.

The company did not immediately respond to a Reuters email seeking comment.



Here is the list of deals reported so far on September 7:

Issuer

Tenure

Coupon (in %)

Issue size (in bln rupees)*

Bidding date

Rating

Tata Capital

3 years

8.05

24.75

September 7

AAA (Crisil)

Bajaj Housing
Aug 2031 reissue

4 years and 11 months

8.07 (yield)

20

September 7

AAA (Crisil, India Ratings)

Kotak Mahindra Prime

5 years and 2 months

8.1470

7

September 7

AAA (Crisil)

REC

1 year and 8 months

7.30

5

September 7

AAA (Care, Crisil, Icra)

Aditya Birla Capital

4 years and 11 months

7.98

2.5+7.5

September 8

AAA (Crisil, Icra)

Aditya Birla Capital

4 years and 10 months

zero coupon

2+5.5

September 8

AAA (Crisil, Icra)

Aditya Birla Capital

2 years and 8 months

zero coupon

2+5.5

September 8

AAA (Crisil, Icra)

Aditya Birla Capital

3 years

8.10

5+1.5

September 8

AAA (Crisil, Icra)

HDB Financial Aug 2029 reissue

2 years and 11 months

To be decided

10+10

September 8

AAA (Care, Crisil)

Shriram Finance Sept 2029 reissue

3 years

7.85 (yield)

10+20

September 8

AAA (Care, Icra)

*Size includes base plus greenshoe for some issues



($1 = 94.4850 Indian rupees)


(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Janane Venkatraman)

((Dharamraj.dhutia@tr.com))

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