India's Jio Credit plans to raise up to 10 billion rupees ($105.03 million), including a greenshoe option of 5 billion rupees, through a sale of bonds maturing in three years, three bankers said on Friday.
It has invited coupon and commitment bids for the issue on Monday, 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 3:
Issuer Tenure Coupon (in %) Issue size (in bln rupees)* Bidding date Rating | Jio Credit 3 years TO be decided 5+5 July 6 AAA (Crisil, Care) | Bajaj Finance 3 years and 3 months 7.70 40 July 3 AAA (Crisil) | Bajaj Finance 10 years 7.79 13.05 July 3 AAA (Crisil) | NABARD 3 years and 5 months 7.16 80 July 3 AAA (Icra, Crisil) | IIFCL 4 years and 11 months 7.25 18.48 July 3 AAA (Care, Icra) | AB Capital Apr 2036 reissue 9 years and 10 months 8.2484 (yield) 5.57 July 3 AAA (Crisil) | NTPC Green Energy 10 years To be decided 5+20 July 7 AAA (Crisil) | Poonawalla Fincorp 2 years and 4 months 8.0568 5 July 2 AAA (Crisil) | Sammaan Capital 14 months 8.03 8 July 2 AA+ (Crisil, Icra) | Sammaan Capital 20 months 8.43 6 July 2 AA+ (Crisil, Icra) | Axis Finance 3 years and 1 month 7.81 6 July 2 AAA (Crisil, Care) |
*Size includes base plus greenshoe for some issues
($1 = 95.2100 Indian rupees)