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Reuters
India New Issue-Citicorp Finance to issue 2-year bonds, bankers say
MUMBAI, Nov 5 (Reuters) –Citicorp Finance (India) plans to raise 7.50 billion rupees ($89 million), including a greenshoe option of 6 billion rupees, through bonds maturing in two years, three merchant bankers said on Tuesday.
The company has invited bids from investors and bankers on Wednesday, they said.
The company did not immediately reply to a Reuters email seeking comment.
Here is the list of deals reported so far on Nov. 5:
|
Issuer |
Tenure |
Coupon (in %) |
Issue size (in bln rupees)* |
Bidding date |
Rating |
|
Citicorp Finance |
2 years |
To be decided |
1.50+6 |
Nov. 6 |
AAA (Icra) |
*Size includes base plus greenshoe for some issues
($1 = 84.1430 Indian rupees)
Reporting by Dharamraj Dhutia
Editing by Sumana Nandy
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