India's Bajaj Housing Finance NSE:BAJAJHFL plans to raise up to 25 billion rupees ($264.91 million), including a greenshoe option of 20 billion rupees, by selling bonds maturing in four years, three bankers said on Monday.
It has invited coupon and commitment bids for the issue on Tuesday, 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 29:
Issuer Tenure Coupon (in %) Issue size (in bln rupees)* Bidding date Rating | Bajaj Housing Finance 4 years To be decided 5+20 June 30 AAA (Crisil) | Sundaram Finance Aug 2028 reissue 2 years and 1 month 7.6987 (yield) 7.5 June 29 AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 94.3700 Indian rupees)