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

About this update from 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 Trust3 years and 2 months 7.537810February 6AAA (Crisil, ICRA) Cholamandalam Investment and Finance Company 1 year and 7 months 7.77(yield)10+5February 9AA+ (Icra) Tata Capital 7.95% 2028 bond reissue 2 years7.952.5+12.5February 9AAA(Crisil, Incra)*Size includes base plus greenshoe for some issues($1 = 90.5210 Indian rupees)

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