India's NTPC Green Energy NSE:NTPCGREEN plans to raise up to 25 billion rupees( $262.29 million), including a greenshoe option of 20 billion rupees, through the sale of bonds maturing in 10 years, three bankers said on Friday.
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 July 3:
Issuer Tenure Coupon (in %) Issue size (in bln rupees)* Bidding date Rating | 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 = 95.3150 Indian rupees)