In February, the company had raised 7.50 billion rupees selling bonds maturing in 10 years at an annual coupon of 8.04%. ($1 = 82.5990 Indian rupees) (Reporting by Dharamraj Dhutia Editing by Shinjini Ganguli)
MUMBAI, March 21 (Reuters) - India's Bajaj Housing
Finance plans to raise at least 1.75 billion Indian rupees
($21.19 million) through reissue of 7.9237% March 2026 bonds,
three merchant bankers said on Tuesday.
The company will invite bids from bankers and investors for
it on Thursday, according to the bankers.
The notes are rated AAA by Crisli and the issue will close
for subscription on Friday.
The issue has a greenshoe option to retain an additional
8.25 billion rupees.
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