India New Issue-360 One Prime to issue 2-year bonds, bankers say

MUMBAI, Oct 3 (Reuters) – India's 360 One Prime plans to raise up to 5 billion rupees ($56.32 million) through the sale of bonds maturing in two years, three bankers said on Friday. It will pay a coupon of 8.75% and has invited commitment bids for the issue on Monday, they said. The company did not immediately respond to a Reuters email seeking comment. Here is the list of deals reported so far on October 3: Issuer Tenure Coupon (in %) Issue size (in Bidding bln rupees)* date Rating 360 One 2 years 8.75 5 October 6 AA Prime (Icra) *Size includes base plus greenshoe for some issues ($1 = 88.7790 Indian rupees) (Reporting by Dharamraj Dhutia and Khushi Malhotra)

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