India New Issue — Bajaj Housing Finance accepts bids for Aug 2031 bond reissue, bankers say
MUMBAI, Sept 24 (Reuters) — India's Bajaj Housing Finance has accepted bids worth 8.15 billion rupees ($84.94 million) for the reissue of 7.79% August 2031 bonds, three bankers said on Thursday. The company will offer a yield of 8.20% and had invited bids for the issue earlier in the day, 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 24: Issuer Tenure Coupo Issue Bidding Rating n (in size (in date %) bln rupees)* Bajaj 4 years 8.20 8.15 Septembe AAA Housing and 11 (yiel r 24 (Crisil, Aug 2031 months d) India reissue Ratings) RJ Corp 3 years 8.10 3.75 Septembe AAA r 23 (Crisil) RJ Corp 3 years 8.20 6.35 Septembe AAA r 23 (Crisil) Embassy 3 years float 10 Septembe AAA Office ing r 23 (Crisil, Parks REIT Care) Size includes base plus greenshoe for some issues ($1 = 95.9525 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Harikrishnan Nair) ((Dharamraj.dhutia@tr.com)