ReutersReuters

THDC accepts bids for 10-year bonds, bankers say

Refinitiv閱讀少於1分鐘

THDC India 7719THDC30 accepted bids worth 6 billion rupees ($69.64 million) for bonds maturing in 10 years, two merchant bankers said on Friday.

The company will pay a coupon of 7.45% and had commitment bids from bankers and investors for the issue earlier in the day, they said.

THDC India did not reply to a Reuters email seeking comment.

Here is the list of deals reported so far on July 18:

Issuer

THDC India

Tenure

10 years

Coupon (in %)

7.45

Issue size (in bln rupees)*

6

Bidding date

July 18

Rating

AA (Care)

*Size includes base plus greenshoe for some issues

($1 = 86.1580 Indian rupees)

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