India's NIIF Infrastructure Finance plans to raise up to 7.5 billion rupees ($79.23 million), including a greenshoe option of 2.5 billion rupees, by selling bonds maturing in five years, four months and 25 days, three bankers said on Tuesday.
It will pay a coupon of 7.80% and has invited commitment bids for the issue on Wednesday, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on June 30:
Issuer Tenure Coupon (in %) Issue size (in bln rupees)* Bidding date Rating | NIIF Infrastructure Finance 5 years, 4 months and 25 days 7.80 5+2.5 July 1 AAA (Icra) | HDB Financial 2 years and 11 months 7.90 5+9.5 July 1 AAA (Crisil, Care) |
*Size includes base plus greenshoe for some issues
($1 = 94.6600 Indian rupees)