Key bond market deals: RIL, Tata Power, Adani Green

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Here’s a look at the key bond market deals on Monday.

Key bond market deals: RIL, Tata Power, Adani Green
Here’s a look at the key bond market deals on Monday.
Key highlights:
  • Reliance Industries (RIL) to raise money at 3.37 percent
  • Adani Green takes 3-year money at 4.375 percent via US dollar denominated bonds
  • Non-Convertible Debentures:
    • Tata Capital Financial Services takes Rs 100 crore at 5.1 percent via 2-year and 4-month zero-coupon bonds
    • Cholamandalam Investment takes Rs 50 crore at 8.98 percent via perpetual bonds
    • Asirvad Micro Finance takes Rs 45 crore at 10 percent via near 30-month tenor
    • LendingKart Finance takes Rs 30 crore at 11.25 percent, 2-year and 2-month bonds
    • TS Rajam rubbers to raise Rs 800 crore at 14.75 percent via 5-year bonds
    • Adani Green Energy takes USD 750 million via 3-year US dollar denominated bonds at 4.375 percent
    • J&K Bank to raise upto Rs 1000 crore via Tier-II bonds
    • HDFC Credila Financial likely to raise funds via shorter tenor bonds soon
    • Commercial Papers:
      • Reliance Industries to raise funds via 3-month CP at 3.37 percent coupon
      • Tata Power to raise funds via 3-month CP at 3.42 percent coupon
      • Exim Bank to raise funds via 6-month CP at 3.51 percent coupon
      • Mishra Dhatu Nigam raises funds via 3-month CP at 3.70 percent coupon
      • Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.