India Infrastructure Finance Co (IIFCL.UL) plans to raise 20 billion rupees ($210.05 million), including a greenshoe option of 15 billion rupees through a sale of bonds maturing in four years and 11 months, three bankers said on Thursday.
The company has invited coupon and commitment bids from bankers and investors on Friday, they said.
IIFCL did not reply to a Reuters request for comment.
Here is the list of deals reported so far on July 2:
Issuer Tenure Coupon (in %) Issue size (in bln rupees)* Bidding date Rating | IIFCL 4 years and 11 months To be decided 5+15 July 3 AAA (Care, Icra) | Aditya Birla Capital Apr 2036 reissue 9 years and 10 months To be decided 2+4 July 3 AAA (Crisil) | NIIF Infra Finance 5 years and 5 months 7.80 6.85 July 1 AAA (Icra) | NIIF Infra Finance 9 years and 11 months 7.95 3 July 1 AAA (Icra) |
*Size includes base plus greenshoe for some issues
($1 = 95.2175 Indian rupees)