India's HDB Financial Services NSE:HDBFS has accepted bids worth 11.50 billion rupees ($121.00 million), for bonds maturing in two years and 11 months, three bankers said on Wednesday.
It will pay a coupon of 7.90% and had invited commitment bids for the issue earlier in the day, 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 1:
Issuer Tenure Coupon (in %) Issue size (in bln rupees)* Bidding date Rating | HDB Financial 2 years and 11 months 7.90 11.50 July 1 AAA (Crisil, Care) | Sammaan Capital 1 year and 3 months 8.03 5+5 July 2 AA+ (Crisil, Icra) | Sammaan Capital 1 year and 8 months 8.43 5+5 July 2 AA+ (Crisil, Icra) | Axis Finance 3 years and 1 month 7.81 1+5 July 2 AAA(Crisil, Care) | Poonawalla Fincrop 2 years and 4 months 8.0568 2.25 + 5.25 July 2 AAA (Crisil) | Bajaj Housing Finance 4 years 7.64 25 June 30 AAA (Crisil) |
* Size includes base plus greenshoe for some issues
($1 = 95.0450 Indian rupees)