India New Issue-Tata Capital Housing to reissue May 2030 bonds, bankers say
India New Issue-Tata Capital Housing to reissue May 2030 bonds, bankers say MUMBAI, July 24 (Reuters) - India's Tata Capital Housing Finance TATASG.UL plans to raise 10 billion rupees ($103.56 million), through the reissuance of 7.17% May 2030 bonds, three bankers said on Friday.
It has invited commitment bids for the issue on Monday, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on July 24:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Tata Capital Housing | 3 year and 10 months | To be decided | 5+5 | July 27 | AAA (Icra, Crisil) |
Summit Digitel | 4 year and 11 months | 7.5050 (quarterly) | 12 | July 27 | AAA (Care, Crisil) |
Avanse Financial | 1 year and 3 months | 8.80 (quarterly) | 5 | July 27 | AAA (India Ratings |
Sundaram Finance | 2 years | 7.74 | 5.15 | July 24 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 96.5625 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Priyanka.G)
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