India's corporate debt pipeline as of Feb 25

MUMBAI Mon Feb 25, 2013 5:30pm IST

MUMBAI Feb 25 (Reuters) - The following list contains details of recently-issued corporate bonds. A list of the latest announced details is attached at the bottom.

LATEST ANNOUNCEMENTS

--------------------- * NTPC, India's largest power producer, is planning to raise 3 billion rupees ($55.05 million) via 10-year bonds. * Power Finance Corp is planning to raise at least 1.5 billion rupees ($27.53 million) through dual-tranche bonds. * Gujarat State Petroleum Corp, owned by the Gujarat government, priced its 30 billion dual-tranche deal. * State-owned Rural Electrification Corp has invited bids for a 7-year bond that will have a minimum size of 5 billion rupees. * Housing Development Finance Corp plans to raise up to 7.5 billion rupees ($138.67 million) through five-year bonds at 9.25 percent. [ID: nL4N0BL20F] * India's LIC Housing Finance Ltd plans to raise at least 2 billion rupees ($36.85 million) via two-year bonds at 9.39 percent. * Housing Development Finance Corp, India's biggest mortgage lender, plans to raise at least 2.5 billion rupees ($46.06 million) through one-year one-day bonds at 9.62 percent. * India's Exim Bank plans to raise at least 2 billion rupees ($37.19 million) via five-year bonds at 8.77 percent. * Food Corporation of India has invited offers for Friday for a sale of at least 15 billion rupees ($278.89 million) via a private placement of bonds. * Housing Development Finance Corp, India's biggest mortgage lender, plans to raise 5 billion rupees ($92.96 million) through two-year bonds at 9.45 percent coupon. * India's National Bank for Agriculture and Rural Development (NABARD) plans to raise at least 2 billion rupees ($37.19 million) via five-year bonds at 8.79 percent. * Lands End Properties, a company belonging to Tata Group, plans to raise 5.21 billion rupees ($96.61 million) in three-year zero coupon bonds that will yield 10 percent at maturity. * India's Ennore Port has invited 30 arrangers to participate in a fund raising of up to 2.5 billion rupees ($46.50 million) via a private placement of tax-free bonds. * Lafarge India is in the market selling its 5 billion rupees ($93 million) bonds split into two- and three-years. The issue is priced at 9.15 percent and is expected to close some time this week. * State-run Power Grid Corp of India has finalised plans for its bond sale. The issue will open on Feb. 14 to close on Feb. 15. Pay-in is slated for Feb. 20. * Chennai Petroleum Corp] priced its 10 billion rupees ($188 million) bond sale at 8.85 percent on Friday (Jan. 8).  * Housing Development Finance Corp, India's biggest mortgage lender, plans to raise at least 2.5 billion rupees ($46.38 million) through five-year bonds at 9.05 percent coupon. * India's Tata Steel is planning to raise 10 billion rupees ($185.82 million) through a dual tranche bond sale. * Housing Development Finance Corp (HDFC), India's biggest mortgage lender, is planning to raise 5 billion rupees ($92.91 million) through one-year one-day bonds at 9.05 percent annual coupon. * National Bank for Agriculture and Rural Development (NABARD) plans to raise 2 billion rupees ($37.2 million) through one-year one-day bonds at 8.65 percent. * India's Rural Electrification Corp Ltd fixed an annual coupon of 8.70 percent and was set to raise 15 billion rupees ($278.73 million) through the sale of five-year bonds. * Airports Authority of India (AAI) invited bids on Monday to raise up to 5 billion rupees ($91.47 million) via five-year bonds. * IDFC Ltd is planning to raise at least 3 billion rupees ($54.69 million) via three-year bonds at 8.85 percent. * Mahindra and Mahindra Financial Services is planning to raise at least 2.5 billion rupees ($45.57 million) through 10-year unsecured subordinate debt at 9.80 percent annual coupon. * State-owned Power Finance Corp has priced its new 10 billion rupee ($181 million ) 5-year bonds at 8.75 percent. The bonds, with a put/call option after year 2, went to ICICI Bank, which bid at the lowest coupon. (IFR) * Exim Bank plans to raise at least 1 billion rupees ($18.38 million) via five-year bonds at 8.76 percent.

* National Housing Bank plans to raise 10 billion rupees ($182.27 million) via bonds at 8.95 percent coupon. * Raymond Ltd is planning to raise 750 million rupees ($13.74 million) through two-year bonds at 10.50 percent. * Power Finance Corp Ltd has invited quotes on Thursday to raise at least 1.5 billion rupees ($27.47 million) through two-year bonds. * PNB Housing Finance Ltd, a unit of Punjab National Bank , plans to raise 4 billion rupees ($73.94 million) via dual tranche bonds. * Exim Bank plans to raise 1 billion rupees ($18.32 million) via ten-year bonds at 8.93 percent. * National Housing Bank plans to raise up to 5 billion rupees ($91.45 million) via bonds at 8.78 percent coupon. * United Bank of India plans to raise 3 billion rupees ($55.15 million) via unsecured perpetual bonds at 9.27 percent. * Sterlite Industries plans to raise 5 billion rupees ($91.92 million) through a bond issue at 9.40 percent. * Sterlite Industries plans to raise 5 billion rupees ($91.92 million) through a bond issue at 9.24 percent.

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*-Issue has a greenshoe option to retain over subscription.

**-Final book not yet compiled.

LT2-Lower Tier II bonds

UT2-Upper Tier II bonds

T1- Perpetual Tier I

# semi-annualised coupon

NCD - Non-convertible debentures

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India Certificates of Deposit page (Reporting by Archana Narayanan; Editing by Prateek Chatterjee)

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