Bajaj Housing Finance to reissue June 2030 bonds, bankers say
India's Bajaj Housing Finance BAJAJHFL plans to raise 15 billion rupees ($175.1 million), including a greenshoe option of 10 billion rupees, through the reissue of 7.08% June 2030 bonds, three merchant bankers said on Tuesday.
The company has invited bids from bankers and investors on Wednesday, they said.
Bajaj Housing Finance did not reply to a Reuters email seeking comment.
Here is the list of deals reported so far on July 8:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing June 2028 Reissue | 5 years | To be decided | 5+10 | July 9 | AAA (Crisil) |
SMFG India Credit | 3 years | 7.30 | 2+6 | July 9 | AAA (India Ratings) |
*Size includes base plus greenshoe for some issues
($1 = 85.6650 Indian rupees)