Aditya Birla Capital to issue multiple bonds, bankers say
India's Aditya Birla Capital 
ABCAPITAL plans to raise 20 billion rupees ($226.96 million) through sale of multiple maturity bonds, three bankers said on Thursday.
The company will raise 5 billion rupees each through two-year and six-month bonds at a coupon, which is 146 basis points above three-month overnight index swaps and five-year bonds at a coupon of 7.52%.
The company is also targeting 5 billion rupees each through reissue of 7.3789% February 2028 bonds and 7.2959% September 2028 bond.
Aditya Birla Capital did not respond to a Reuters email seeking comment.
Here is the list of deals reported so far on September 22:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Aditya Birla Capital | 2 year and 6 month | 146 bps over 3-month OIS | 5 | September 23 | AAA (Crisil) |
Aditya Birla Capital | 5 years | 7.52 | 5 | September 23 | AAA (Crisil) |
Aditya Birla Capital Feb 2028 reissue | 2 year and 5 months | To be decided | 5 | September 23 | AAA (Crisil) |
Aditya Birla Capital Sep 2028 reissue | 3 years | To be decided | 5 | September 23 | AAA (Crisil) |
Roha Dye Chem | 5 years | 14 (yield) | 4 | To be decided | NA |
PFC | 2 year and 20 days | To be decided | 6+29 | September 23 | AAA (Crisil, Care) |
* Size includes base plus greenshoe for some issues
($1 = 88.1200 Indian rupees)
