Tata Capital Housing Finance accepts bids for 10-year bonds, bankers say
India's Tata Capital Housing Finance has accepted bids worth 10 billion rupees ($120.08 million) for bonds maturing in 10 years, three bankers said on Friday.
The housing finance company will pay an annual coupon of 7.92% and had invited coupon and commitment bids for the issue on Thursday, they said.
Here is the list of deals reported so far on March 22:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Tata Capital Housing Finance | 10 years | 7.92 | 10 | March 21 | AAA (Crisil, Icra) |
Punjab National Bank | Perpetual | 8.47 | 18.59 | March 21 | AA+ (Crisil, Icra) |
* Size includes base plus greenshoe for some issues
($1 = 83.2800 Indian rupees)