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India New Issue — Aditya Birla Capital to issue near 2 — year bonds, bankers say

MUMBAI, Oct 13 (Reuters) — India's Aditya Birla Capital plans to raise up to 10 billion rupees ($104.99 million), including a greenshoe option of 7 billion rupees, through the sale of bonds maturing in one year and 11 months, three bankers said on Tuesday. The company will pay a coupon of 7.2959% and has invited commitment bids for the issue on Wednesday, they said. Aditya Birla Capital did not immediately respond to a Reuters email seeking comment. Here is the list of deals reported so far on October 13: Issuer Tenure Coupon (in %) Issue size (in Bidding Rating bln rupees)* date Aditya 1 year and 7.2959 3+7 October 14 AAA Birla 11 months (Crisil Capital ) Size includes base plus greenshoe for some issues ($1 = 95.2500 Indian rupees) (Reporting by Khushi Malhotra and Dharamraj Dhutia; Editing by Jochelle Mendonca) ((Khushi.malhotra@tr.com, Dharamraj.dhutia@tr.com)

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