PFC to issue multiple maturity bonds, bankers say
India's Power Finance Corp 
PFC plans to raise 50 billion rupees ($568.86 million), including a greenshoe option of 40 billion rupees, through reissue of 6.59% October 2030 bonds and a fresh issue of 15-year and nine-day papers, three bankers said on Wednesday.
The company has invited coupon and commitment bids from bankers and investors on Friday, they said.
The company did not respond to a Reuters email seeking comment.
Here is the list of deals reported so far on October 29:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
PFC Oct 2030 reissue | 5 years | To be decided | 5+25 | October 31 | AAA (Crisil, Care) |
PFC | 15 years and 9 days | To be decided | 5+25 | October 31 | AAA (Crisil, Care) |
*Size includes base plus greenshoe for some issues
($1 = 88.2950 Indian rupees)
