India New Issue-Tata Capital accepts bids for dual-tranche bonds, bankers say

Tata Capital

07/07/2026 05:05

MUMBAI, July 7 (Reuters) - India's Tata Capital TATC.NS has accepted bids worth 37.50 billion rupees ($393.41 million) for the reissue of 8.15% June 2029 bonds and a fresh five-year bond issue, three bankers said on Tuesday.
The non-banking finance company will offer a yield of 7.78% on the reissue and a coupon of 7.88% on the fresh issue, and had invited commitment bids on Monday, they said.
Tata Capital did not immediately reply to a Reuters email seeking comment.

 
Here is the list of deals reported so far on July 7: 
Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Tata Capital
Jun 2029 reissue
2 years and 11 months
7.78 (yield)
10
July 6
AAA (Crisil, Icra)
Tata Capital

5 years
7.88
27.50
July 6
AAA (Crisil, Icra)

   * Size includes base plus greenshoe for some issues

   ($1 = 95.3200 Indian rupees)

 (Reporting by Dharamraj Dhutia)
 ((Dharamraj.dhutia@tr.com))