Earlier this month, the company had raised 20 billion rupees
via the reissue of 7.9237% March 2026 bonds at an 8.11% yield.
($1 = 81.9610 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Janane Venkatraman)
MUMBAI, April 26 (Reuters) - India's Bajaj Housing
Finance plans to raise at least 2 billion Indian rupees ($24.40
million) through sale of bonds maturing in five years, three
merchant bankers said on Wednesday.
The company has invited bids from bankers and investors for
this issue on Thursday, they said.
The notes are rated AAA by Crisil, and the issue will be
settled on Friday.
The issue has a greenshoe option to retain an additional 8
billion rupees.
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