MUMBAI, Jan 30 (Reuters) - India's HDFC Credila
Financial Services has accepted bids worth 2 billion rupees
($24.52 million) for perpetual bonds, three merchant bankers
said on Monday.
The company will pay an annual coupon of 8.15% on the issue
and it had invited bids from bankers and investors earlier in
the day, they said.
The bonds have a call option at the end of 10 years, and
will close for subscription later this week.
The bonds are rated AAA by CRISIL and CARE Ratings.
In November, HDFC Credila raised 1.5 billion rupees through
bonds maturing in 10 years at an annual coupon of 7.95%.
($1 = 81.5510 Indian rupees)
(Reporting by Dharamraj Dhutia and Bhakti Tambe;
Editing by Sohini Goswami)
