Picture of Tata Capital logo

TATACAP Tata Capital News Story

0.000.00%
in flag iconLast trade - 00:00
FinancialsSpeculativeLarge CapMomentum Trap

India New Issue-Tata Capital Housing Finance to issue 2-year bonds, bankers say

MUMBAI, Feb 10 (Reuters) - India's Tata Capital Housing Finance TATASG.UL plans to raise up to 7.5 billion rupees ($82.69 million), including a greenshoe option of 3.5 billion rupees, through the sale of bonds maturing in two years, three bankers said on Tuesday.

The company has invited coupon and commitment bids for the issue on Wednesday, they said.

Tata Capital did not immediately respond to a Reuters email seeking comment.

Here is the list of deals reported so far on February 10:

IssuerTenureCoupon (in %)Issue size (in bln rupees)*Bidding dateRating
Tata Capital Housing Finance2 yearsTo be decided4+3.5February 11AAA (Icra)
Adani Airport Holdings3 years8.45 (quarterly)15February 11AA-(India Ratings)
Bajaj Finance2 yearsTo be decided5+5February 11AAA(Crisil)
NaBFID10 yearsTo be decided10+30February 11AAA (Crisil, Icra)
HUDCOPerpetualTo be decided5+10February 11AAA (Care, Acuite)
* Size includes base plus greenshoe for some issues ($1 = 90.6980 Indian rupees) (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Sonia Cheema) ((Dharamraj.dhutia@tr.com, Khushi.malhotra@tr.com))

Recent news on Tata Capital

See all news