The notes are rated AAA by Crisil, and the issue will be settled on Thursday. In March, the company had raised 4.75 billion rupees via reissue of this note at 8.12% yield. ($1 = 82.0380 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Janane Venkatraman)
MUMBAI, April 12 (Reuters) - India's Bajaj Housing
Finance has accepted bids worth 20 billion rupees ($243.79
million) for reissue of 7.9237% March 2026 bonds, three merchant
bankers said on Wednesday.
The company had invited bids from bankers and investors
earlier in the day and will offer a yield of 8.11%, they said.
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