ReutersReuters

Bajaj Housing Finance to reissue June 2030 bonds, bankers say

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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)

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