India New Issue-Tata Capital to issue 3-year bonds, bankers say

Tata Capital

09/06/2026 11:14

    MUMBAI, June 9 (Reuters) - India's Tata Capital TATC.NS plans to raise up to 20.30 billion rupees ($212.90 million), including a greenshoe option of 5.3 billion rupees, through a sale of bonds maturing in three years, three bankers said on Tuesday.
It will pay a coupon of 8.15% and has invited commitment bids for the issue on Wednesday, they said.
The company did not immediately respond to a Reuters email seeking comment.

Here is the list of deals reported so far on June 9:

            Issuer
          

            Tenure
          

            Coupon (in %)
          

            Issue size (in bln rupees)*
          

            Bidding date
          

            Rating
          
Tata Capital
3 years
8.15
15+5.30
June 10
AAA (Crisil, Icra)

            Tata Capital Housing Finance
          
5 years
8.15
10+1.25
June 10
AAA (Crisil, Icra)
HDB Financial Sep 2028 reissue
2 years and 3 months
8.04 (yield)
0.5+2.5
June 10
AAA (Crisil, Care)
HDB Financial May 2029 reissue
2 years and 11 months
8.09 (yield)
1+3
June 10
AAA (Crisil, Care)

            HDB Financial
          
3 years and 1 month
8.23 (yield)
10
June 10
AAA (Crisil, Care)

            Axis Finance
          
2 years and 7 months
7.70
2+6
June 10
AAA (India Rating)

            NABARD 7.44% July 2029 Reissue
          
3 years and 1 month
To be decided
20+50
June 10
AAA (Icra, Crisil)

*Size includes base plus greenshoe for some issues

($1 = 95.3500 Indian rupees)

 (Reporting by Dharamraj Dhutia and Khushi Malhotra)
 ((Dharamraj.dhutia@tr.com, Khushi.malhotra@tr.com))