Aditya Birla Housing plans two-tranche bond sale worth 23 billion rupees
India's Aditya Birla Housing Finance plans to raise 23 billion rupees through bonds maturing in over three years and in 10 years, bankers told Reuters.
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what happened
India's Aditya Birla Housing Finance intends to raise 23 billion rupees, about $241.81 million, by selling bonds that mature in more than three years and in 10 years. Reuters, citing three bankers, reported the plan.
The bonds maturing in over three years will carry a coupon of 8.7145%, while the 10-year papers will pay 8.70%. Bids are scheduled for Thursday, October 29. The issues are rated AAA by Crisil. The company did not immediately respond to a Reuters email seeking comment.
why it matters
The deal is modest in size, but its coupons show what high-rated Indian financial companies currently pay to borrow. For the rupee bond market, it is one more reference point for funding costs.
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sources
- Aditya Birla Housing to issue multiple tenor bonds, bankers say — Reuters, 28 October 2026 at 07:37 UTC
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