India New Issue-ICICI Home Finance accepts bids for bond issue, bankers say

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India New Issue-ICICI Home Finance accepts bids for bond issue, bankers say

















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Reuters

India New Issue-ICICI Home Finance accepts bids for bond issue, bankers say



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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