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Aditya Birla Capital to reissue August 2028 bonds, bankers say

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India's Aditya Birla Capital ABCAPITAL plans to raise 10 billion rupees ($116.6 million) through the reissue of 7.9413% August 2028 bonds, three bankers said on Wednesday.

The company has invited commitment bids for the issue on Thursday, they said.

The company did not reply to a Reuters email seeking comment.

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

Issuer

Aditya Birla Capital Aug 2030 reissue

Tenure

3 years and 1 month

Coupon (in %)

To be decided

Issue size (in bln rupees)*

2+8

Bidding date

July 10

Rating

AAA (Icra, Crisil)

*Size includes base plus greenshoe for some issues

($1 = 85.7680 Indian rupees)

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