Knowledge Realty TrustNSE: KRT.RR

Knowledge Realty Trust accepts bids for over 3-year bonds, bankers say

· Issued by Knowledge Realty Trust

India's Knowledge Realty Trust NSE:KRT.RR accepts bids worth 10 billion rupees ($110.47 million) for bonds maturing in three years and three months, three bankers said on Monday.

It will pay a coupon of 7.5378% and had invited commitment bids for the issue on Friday, they said.

The company did not immediately respond to a Reuters email seeking comment.

Here is the list of deals reported so far on February 9:

Issuer

Tenure

Coupon (in %)

Issue size (in bln rupees)*

Bidding date

Rating

Knowledge Realty Trust

3 years and 2 months

7.5378

10

February 6

AAA (Crisil, ICRA)

Cholamandalam Investment and Finance Company

1 year and 7 months

7.77(yield)

10+5

February 9

AA+ (Icra)

Tata Capital 7.95% 2028 bond reissue

2 years

7.95

2.5+12.5

February 9

AAA(Crisil, Incra)

*Size includes base plus greenshoe for some issues

($1 = 90.5210 Indian rupees)

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