Aegis Vopak Terminals LimitedNSE: AEGISVOPAK

Aegis Vopak Terminal issues 3-year bonds, bankers say

· Issued by 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:

Issuer

Aegis Vopak Terminal

Tenure

3 years

Coupon (in %)

7.40

Issue size (in bln rupees)*

10.3

Bidding date

January 2

Rating

AA (India Ratings)

*Size includes base plus greenshoe for some issues

($1 = 90.2587 Indian rupees)

Earlier from Aegis Vopak Terminals

All Aegis Vopak Terminals news releases