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L&T Finance accepts bids for bond reissue worth ₹5 billion

L&T Finance (LTF) accepted bids worth ₹5 billion for the reissue of 7.8384% September 2029 bonds, three bankers said. The issue is set to offer a 7.80% yield.

LTF

India's L&T Finance NSE:LTF has accepted bids worth 5 billion rupees ($52.66 million)for the reissue of 7.8384% September 2029 bonds, three bankers said on Tuesday.It will offer a yield of 7.80% on this issue and had invited bids earlier in the day, they said.The company did not immediately respond…