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Aegis Vopak Terminals to issue 3-year bonds, bankers say

Aegis Vopak Terminals to issue 3-year bonds, bankers say

Aegis Vopak Terminals LimitedNovember 4, 20253
Aegis Vopak Terminals to issue 3-year bonds, bankers say

About this update from Aegis Vopak Terminals Limited

India's Aegis Vopak Terminals plans to raise at least 6.6 billion rupees ($74.5 million) through the sale of bonds maturing in three years, three bankers said on Tuesday.It will pay coupon of 6.92% p.a. on a quarterly basis, and has invited commitment bids for the issue on Thursday, they said. The bonds will have a call and a put option on November 9, 2026 and November 9, 2027, respectively. The company did not immediately respond to a Reuters email seeking comment. Here is the list of deals reported so far on November 4: Issuer Tenure Coupon (in %) Issue size (in bln rupees)* Bidding date Rating Aegis Vopak Terminals3 years6.92 (payable quarterly)6.6November 6AA (India Ratings) JSW Paints 5 yearsTo be decided33November 7AA- (Icra) * Size includes base plus greenshoe for some issues($1 = 88.5575 Indian rupees)

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