India's Aditya Birla Capital NSE:ABCAPITAL plans to raise 6 billion Indian rupees ($63.17 million) through reissue of 8.0668% April 2036 subordinated bonds, three bankers said on Thursday.
It has invited bids for the issue on Friday, 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 2:
Issuer Tenure Coupon (in %) Issue size (in bln rupees)* Bidding date Rating | 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 = 94.9800 Indian rupees)