Muthoot Finance accepts bids for bond reissue, bankers say
India's Muthoot Finance 
MUTHOOTFIN has accepted bids worth 15 billion rupees ($171.6 million) for reissue of November 2027 bonds, three bankers said on Tuesday.
It will offer a yield of 7.85% to the investors of this issue and had invited bids earlier in the day, they said.
The company declined to comments on the matter.
Here is the list of deals reported so far on August 5:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Muthoot Finance Nov 2027 reissue | 2 years and 4 months | 7.85 (yield) | 15 | August 5 | AA+ (Crisil) |
Motilal Oswal Financial | 2 years | 8.50% | 5 | August 5 | AA (Crisil) |
HDB Financial January Reissue | 2 years and 4 months | 7.15% | 5+10 | August 6 | AAA(Crisil) |
Aditya Birla Capital May Reissue | 9 years and 9 months | To be decided | 1.5+4.5 | August 6 | AAA (Crisil) |
Tata Communications | 3 years | 6.77 | 10 | August 6 | AAA (Care) |
*Size includes base plus greenshoe for some issues.
