India New Issue-Toyota Financial Services to issue over 3-year bonds, bankers say
ReutersApr 11, 2025 6:56 AM
MUMBAI, April 11 (Reuters) - India's Toyota Financial Services plans to raise 5 billion rupees ($58.04 million) through the sale of bonds maturing in three years and two months, three bankers said on Friday.
The company has invited bids from bankers and investors for the issue on Tuesday, they said.
Toyota Financial Services did not immediately reply to a Reuters email seeking comment.
Here is the list of deals reported so far on April 11:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Toyota Financial Services | 3 years and 2 months | To be decided | 5 | April 15 | AAA (Icra) |
($1 = 86.1450 Indian rupees)
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