MUMBAI, – India’s LIC Housing Finance has accepted bids worth 7.50 billion rupees ($89.78 million) for bonds maturing in two years and one month, three bankers said on Friday. The company will pay 7.8650% coupon and had invited bids from bankers and investors for the issue on Thursday, they said. Here is the list of deals reported so far on July 12: Issuer Tenure Coupon (in %) Issue size (in Bidding Rating bln rupees)* date LIC Housing 2 years and 7.8650 7.50 July 11 AAA (Crisil) Finance 1 month Aditya Birla 3 years and 8.1701 4.50 July 11 AAA (Icra, Housing 1 month India Ratings) Aditya Birla 4 years and 8.1168 4.50 July 11 AAA (Icra, Housing 10 months India Ratings) HUDCO 5 years To be decided 5+15 July 15 AAA (Icra, India Ratings) *Size includes base plus greenshoe for some issues ($1 = 83.5420 Indian rupees) (Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)
