The notes are rated AAA by Crisil and the issue will close for subscription on Friday. In February, the company had raised 7.50 billion rupees selling bonds maturing in 10 years at an annual coupon of 8.04%. ($1 = 82.2100 Indian rupees) (Reporting by Bhakti Tambe; Editing by Sohini Goswami)
bhakti.rajendratambe.thomsonreuters.com@reuters.net Twiter: )) MUMBAI, March 23 (Reuters) - India's Bajaj Housing
Finance has accepted bids worth 4.75 billion rupees ($57.78
million) for the reissue of 7.9237% March 2026 bonds, three
merchant bankers said on Thursday.
The company will pay a yield of 8.12% on the reissue for
which it had invited bids from bankers and investors earlier in
the day.
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