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India New Issue-Tata Capital Housing accepts bids for 5-year bonds, bankers say

India New Issue-Tata Capital Housing accepts bids for 5-year bonds, bankers say

- India's Tata Capital Housing Finance TATASG.UL has accepted bids worth 11.25 billion rupees ($117.53 million) in a sale of bonds maturing in five years, three bankers said on Thursday.

It will pay a coupon of 8.15%, and had invited commitment bids for the issue on Wednesday, they said.

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

Here is the list of deals reported so far on June 11:

Issuer

Tenure

Coupon (in %)

Issue size (in bln rupees)*

Bidding date

Rating

Tata Capital Housing

5 years

8.15

11.25

June 11

AAA (Crisil, Icra)

Tata Capital

3 years

8.15

20.30

June 11

AAA (Crisil, Icra)

NaBFID

3 years and 1 month

To be decided

5+25

June 12

AAA (Crisil, Icra)

NaBFID

10 years

To be decided

5+25

June 12

AAA (Crisil, Icra)

Axis Finance

2 years and 7 months

7.70

8

June 10

AAA (India Ratings)


* Size includes base plus greenshoe for some issues



($1 = 95.7225 Indian rupees)


(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Sonia Cheema)

((Dharamraj.dhutia@tr.com, khushi.malhotra@tr.com))

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