Rashtriya Chemicals & Fertilizers Ltd.NSE: RCF

Rashtriya Chemical to issue over 3-year bonds, bankers say

· Issued by Rashtriya Chemicals & Fertilizers Ltd.

India's Rashtriya Chemicals and Fertilizers NSE:RCF plans to raise 4 billion rupees, including a greenshoe option of 1 billion rupees, through the sale of bonds maturing in three years and 10 months, three bankers said on Thursday.

It has invited coupon and commitment bids for the issue on Tuesday, they said.

The company did not reply to a Reuters email seeking comment.

Here is the list of deals reported so far on September 18:

Issuer

Tenure

Coupon (in %)

Issue size (in bln rupees)*

Bidding date

Rating

RCF

3 years and 10 months

To be decided

3+1

September 23

AA (Icra, India Ratings

Aditya Birla Housing Sept 2028 reissue

3 years

7.28 (yield)

5

September 18

AAA (Crisil)

* Size includes base plus greenshoe for some issues

($1 = 88.1275 Indian rupees)