India New Issue-Summary of primary bond market deals reported on February 25

Reuters
25 Feb
India New Issue-Summary of primary bond market deals reported on February 25

MUMBAI, Feb 25 (Reuters) - A summary of primary bond market deals in India as of 6:00 p.m. IST (1230 GMT) on February 25. Please note that the list includes deals reported by Reuters, and is not exhaustive.

Here is the list of deals reported so far on February 25:

Issuer

Tenure

Coupon (in %)

Issue size (in bln rupees)*

Bidding date

Rating

REC

Perpetual

7.99

19.95

Feb. 25

AAA (Crisil, Icra, Care)

NHB

6 year and 10 months

7.35

48

Feb. 25

AAA (Care, India Ratings)

M&M Financial Services

10 years

8.30

5

Feb. 25

AAA (Crisil)

NIIF Infra Finance

8-12 year

To be decided

5+5

Feb. 27

AAA (Care, Icra)

TVS Credit Services

3 years

8.25

5+5

Feb. 28

AA+ (Care)

PFC

4-year, 10-month and 12 days

To be decided

7+33

Feb. 27

AAA (Crisil, Care, Icra)

PFC

9-year, 10-month and 12 days

To be decided

7+33

Feb. 27

AAA (Crisil, Care, Icra)

* Size includes base plus greenshoe for some issues

(Reporting by Dharamraj Dhutia)

((Dharamraj.dhutia@tr.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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