India's Jio Credit has accepted bids worth 10 billion rupees ($104.8 million) for bonds maturing in three years, three bankers said on Monday.
The company will pay an annual coupon of 7.78% and had invited bids for the issue earlier in the day, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on July 6:
Issuer Tenure Coupon (in %) Issue size (in bln rupees)* Bidding date Rating | Jio Credit 3 years 7.78 10 July 6 AAA (Crisil, Care) | Bajaj Housing Finance 3 years and 3 months 7.53 15 July 6 AAA (Crisil) | L&T Finance Jun 2031 reissue 5 years 7.98 (yield) 5 July 6 AAA (Crisil, Care) | L&T Finance 3 years and 3 months 7.85 5 July 6 AAA (Crisil, Care) | Tata Capital Jun 2027 reissue 2 years and 11 months 7.78 (yield) 7.50+2.50 July 6 AAA (Crisil, Icra | Tata Capital 5 years 7.88 17.50+10 July 6 AAA (Crisil, Icra |
*Size includes base plus greenshoe for some issues
($1 = 95.4275 Indian rupees)