India Corporate Debt Pipeline as on July 6
MUMBAI, July 6 (Reuters) - Following is a list of the latest and recently concluded corporate bond issuances and news stories related to them. NEW ISSUES: ----------- Issuer Size Coupon Maturity
(bln rupees) (in pct) Power Finance 1.5* 7.20 3-yr ISSUES OPEN: ------------ PSIDC 0.5 9.05 10-yr PSEB 1.84 9.01 10-yr ISSUES CLOSED: -------------- Indian Oil 13.15 8.00 2026
0.21 8.01 2023 Bank of Baroda 5 8.54 15-yr
(UT2) Tata Chemicals 2.5 10.0 10-yr IDBI Bank 5 8.95 15-yr
(UT2) LATEST NEWS --------------------------------------------------------------- - Power Finance Corp (PWFC.BO: Quote, Profile, Research) starts selling at least 1.5 billion rupees of 7.20 percent three-year bonds on Monday. [ID:nBOM183083]
Grasim Industries Ltd (GRAS.BO: Quote, Profile, Research) to sell 2 billion rupees of 8.01 percent five-year bonds on Tuesday. [ID:nBMB005750]
*-Issue has a greenshoe option to retain oversubscription
LT2-Lower Tier II bonds
UT2-Upper Tier II bonds
T1- Perpetual Tier I (Reporting by Mumbai Treasury Desk; Editing by Sunil Nair)
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