India's Cube Highways Trust NSE:CUBEINVIT has accepted bids worth 6.37 billion rupees ($67.47 million) for bonds maturing in 11 years and nine months, three bankers said on Thursday.
The company will pay an annual coupon of 7.3925% and had invited commitment bids from bankers and investors earlier in the day, they said.
The company did not immediately reply to a Reuters email seeking comment.
Here is the list of deals reported so far on June 25:
Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Cube Highways Trust
11 years and 9 months
7.3925
6.37
June 25
AAA (Crisil)
Cholamandalam Investment and Finance Company
7 years
8.88
20
June 24
AA+ (Icra, India Ratings)
* Size includes base plus greenshoe for some issues
($1 = 94.4075 Indian rupees)