India’s Godrej Seeds and Genetics plans to raise 20 billion rupees ($232.01 million) through the sale of bonds maturing in three years and three months, three bankers said on Tuesday.
The company has invited coupon and commitment bids for the issue on Wednesday, they said.
The company did not reply to a Reuters email seeking comment.
Here is the list of deals reported so far on July 22
Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Godrej Seeds and Genetics
3 years and 3 months
To be decided
20
July 23
AA (Icra)
SIDBI
3 years and 3 months
To be decided
15+45
July 23
AAA (Crisil, Care)
Embassy Office Parks REIT
10-year
7.25 (payable quarterly)
19+1
July 23
AAA (Crisil, Care)
*Size includes base plus greenshoe for some issues
($1 = 86.2050 Indian rupees)