India New Issue — Bajaj Housing Finance reissues 10 — year bonds, bankers say

MUMBAI, Sept 18 (Reuters) — India's Bajaj Housing Finance raises 5 billion Indian rupees ($52.15 million) through the reissue of 7.87% August 2036 bonds, three bankers said on Friday. The company will offer a yield of 8.14% and had invited bids for the issue on Thursday, they said. Bajaj Housing Finance did not immediately respond to a Reuters email seeking comment. Here is the list of deals reported so far on September 18: Issuer Tenure Coupon (in %) Issue size (in Bidding Rating bln rupees)* date Bajaj Housing 9 year and 8.14 (yield) 5 September AAA (Crisil, Aug 2036 reissue 11 months 17 India Ratings) Size includes base plus greenshoe for some issues ($1 = 95.8725 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Ronojoy Mazumdar) ((Dharamraj.dhutia@tr.com)