Bajaj Housing Finance to issue 5-year bonds, bankers say
India's Bajaj Housing Finance BAJAJHFL plans to raise 15 billion rupees ($178.43 million), including a greenshoe option of 5 billion rupees, through a sale of bonds maturing in five years, three bankers said on Tuesday.
The non-banking finance company has invited bids from bankers and investors for the issue on Wednesday, they said.
Here is the list of deals reported so far on Oct 15:
Issuer | Bajaj Housing Finance |
Tenure | 5 years |
Coupon (in %) | To be decided |
Issue size (in bln rupees)* | 10+5 |
Bidding date | Oct. 16 |
Rating | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 84.0670 Indian rupees)