India New Issue-Canfin Homes to issue near 2-year bonds, bankers say
MUMBAI, Feb 28 (Reuters) - India's Canfin Homes plans to raise 10 billion rupees ($114.5 million), including a greenshoe option of 5 billion rupees, through a sale of bonds maturing in 1 year and 10 months, three bankers said.
It has invited coupon and commitment bids for the issue on Monday, they said.
The company did not immediately reply to a Reuters email for comment.
Here is the list of deals reported so far on February 28:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Canfin Homes | 1 year and 10 months | To be decided | 5+5 | March 3 | AAA/Stable (Icra) |
Capital Infra Trust | 13 years | To be decided | 11.63 | March 3 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 87.3690 Indian rupees)
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