ReutersReuters

Bajaj Housing Finance to issue 3-year bonds, bankers say

RefinitivOkuma süresi: 1 dakikadan kısa

India's Bajaj Housing Finance BAJAJHFL plans to raise 10 billion rupees ($116.5 million), including a greenshoe option of 5 billion rupees, by selling bonds maturing in three years, three merchant bankers said on Tuesday.

The company will pay a coupon of 6.97% and has invited bids from bankers and investors on Wednesday, the bankers said.

Bajaj Housing Finance did not immediately reply to a Reuters email seeking comment.

Here is the list of deals reported so far on July 15:

Issuer

Bajaj Housing Finance

Tenure

3 years

Coupon (in %)

6.97

Issue size (in bln rupees)*

5+5

Bidding date

July 16

Rating

AAA (Crisil)

*Size includes base plus greenshoe for some issues

($1 = 85.8600 Indian rupees)

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