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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

- 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
May 2030 reissue

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)

((Dharamraj.dhutia@tr.com))

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