Here’s a look at the key bond market deals on Tuesday.
NSE
Non-convertible debentures:
HDFC Ergo General Insurance to raise Rs 375 crore at 7.1 percent via 10-year subordinated bonds
Hinduja Leyland Finance takes Rs 50 crore via reissue of 7.8 percent December’23 bonds at 7.8 percent coupon
Apollo Tyres takes board approval for Rs 500 crore via private placement of bonds
Commercial papers:
NLC Tamil Nadu Power to raise funds via three-month CP at 3.99 percent coupon
HDFC Securities to raise funds via three-month CP at 4.65 percent coupon
Kotak Securities to raise funds via four-month CP at 4.68 percent coupon
Hero Fincorp to raise funds via one-year CP at 4.95 percent coupon
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