Bajaj Finance to issue multiple-tenor bonds, bankers say
Bajaj Finance 
BAJFINANCE plans to raise up to 30 billion rupees ($359.35 million) through bonds maturing in two years and the reissue of May 2029 bonds, three bankers said on Friday.
Both the issue has a base size of 5 billion rupees and a greenshoe option of 10 billion rupees each. The company has invited bids for both the issues on Tuesday.
Here is the list of deals reported so far on May 17:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 2 years | To be decided | 5+10 | May 21 | AAA (Crisil) |
Bajaj Finance May 2029 reissue | 5 years | To be decided | 5+10 | May 21 | AAA (Crisil) |
Shriram Finance | 2 years | 9.2 | 2.5+12.5 | May 22 | AA+ (Crisil) |
Shriram Finance | 5 years | 9.2 | 4+20 | May 22 | AA+ (Crisil) |
Shriram Finance May 2027 reissue | 3 years | To be decided | 3.5+17.5 | May 22 | AA+ (Crisil) |
Cholamandalam Investment | 5 years | 8.65 | 10+10 | May 21 | AA+ (Icra, India Ratings) |
* Size includes base plus greenshoe for some issues
($1 = 83.4850 Indian rupees)