India New Issue — Tata Capital Housing Finance accepts bids for bond issue, bankers say
MUMBAI, Sept 24 (Reuters) — India's Tata Capital Housing Finance TATASG.UL has accepted bids worth 17.25 billion rupees ($179.78 million), for the sale of bonds maturing in three years, three bankers said on Thursday. It will pay a coupon of 8.20% and had invited commitment bids for the issue earlier in the day, they said. The company did not immediately respond to a Reuters email seeking comment. Here is the list of deals reported so far on September 24: Issuer Tenure Coupon (in %) Issue size (in Bidding date Rating bln rupees)* Tata Capital 3 years 8.20 17.25 September 24 AAA (Crisil) Housing Finance Equitas Small 10 years 9.95 5 September 24 AA- (Care) Finance Bank Bajaj Housing 4 years and 8.20 (yield) 8.15 September 24 AAA (Crisil, Aug 2031 reissue 11 months India Ratings) RJ Corp 3 years 8.10 3.75 September 23 AAA (Crisil) RJ Corp 3 years 8.20 6.35 September 23 AAA (Crisil) Embassy Office 3 years floating 10 September 23 AAA (Crisil, Parks REIT Care) Size includes base plus greenshoe for some issues ($1 = 95.9500 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Janane Venkatraman) ((Dharamraj.dhutia@tr.com)