Aegis Vopak Terminal issues 3-year bonds, bankers say

About this update from Aegis Vopak Terminals Limited

India's Aegis Vopak Terminal NSE:AEGISVOPAK raises 10.3 billion rupees ($114.1 million) through the sale of bonds maturing in three years, three bankers said on Monday.It will offer an annual coupon of 7.40% on this issue and had invited coupon and commitment bids for the issue on Friday, they said.The bonds have a call option on at end of one year and two years, and if it is not exercised, the coupon would be reset. The company did not immediately respond to a Reuters email seeking comment. Here is the list of deals reported so far on January 5: IssuerAegis Vopak TerminalTenure3 yearsCoupon (in %)7.40Issue size (in bln rupees)*10.3Bidding dateJanuary 2RatingAA (India Ratings)*Size includes base plus greenshoe for some issues($1 = 90.2587 Indian rupees)

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