Don’t miss the latest developments in business and finance.

HDFC to issue NCDs aggregating Rs 2,500 crore on private placement basis

Image
Capital Market
Last Updated : Apr 03 2020 | 8:04 PM IST

Issue opens for bid on 08 April 2020

Housing Development Finance Corporation is issuing Secured Redeemable Non-Convertible Debentures (Senior Notes) for Rs 2500 crore with option to retain oversubscription upto Rs 7500 crore on private placement. The issue opens for bidding on 08 April 2020. The object of the issue is to augment the long-term resources of the Corporation. The proceeds of the present issue would be utilized for financing / refinancing the housing finance business requirements of the Corporation.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Apr 03 2020 | 7:38 PM IST

Next Story