Nuvoco Vistas Corp accepts bids for 3-year bonds, bankers say
India's Nuvoco Vistas Corporation 
NUVOCO accepted bids worth 6 billion rupees ($68.3 million) for bonds maturing in three years, three merchant bankers said on Wednesday.
The company will pay an annual coupon of 7.70%, and had invited commitment bids from bankers and investors earlier in the day, they said.
The company did not reply to a Reuters email seeking comment.
Here is the list of deals reported so far on September 17:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Godrej Industries | 5 years and 5 months | To be decided | 5.5+2.5 | September 18 | AA+ (Crisil) |
NIIF Infrastructure Finance | 5 years and 2 months | To be decided | 2+4 | September 18 | AAA (Icra) |
Aditya Birla Housing Finance | 3 years | To be decided | 4+1 | September 18 | AAA (Crisil) |
TVS Credit Services | 3 years | To be decided | 5+2 | September 18 | AA+ (Crisil) |
Nuvoco Vistas Corp | 3 years | 7.70 | 6 | September 17 | AA (Crisil) |
Numaligarh Refinery | 10 years | To be decided | 10+40 | September 22 | AAA (Crisil, India Ratings) |
* Size includes base plus greenshoe for some issues
($1 = 87.7830 Indian rupees)
