India New Issue-ICICI Home Finance accepts bids for bond issue, bankers say
MUMBAI, July 1 (Reuters) -India's ICICI Home Finance has accepted bids worth 5 billion rupees (nearly $60 million) for sale of bonds maturing in three years and three months, three bankers said on Monday.
The company will pay a coupon of 8.07% on this issue and had invited bids on Friday, they said.
Here is the list of deals reported so far on July 1:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
ICICI Home Finance | 3 years and 3 months | 8.07 | 5 | June 28 | AAA (Icra) |
*Size includes base plus greenshoe for some issues
($1 = 83.4540 Indian rupees)
Reporting by Dharamraj Dhutia; Editing by Savio D'Souza
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