THDC accepts bids for 10-year bonds, bankers say
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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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