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HDFC to issue NCDs aggregating Rs 5000 crore

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Capital Market
Last Updated : May 26 2021 | 9:06 AM IST

On private placement basis

Housing Development Finance Corporation is issuing senior secured redeemable non-convertible debentures of face value of Rs 10 lakh each on private placement basis for Rs 5000 crore with option to retail over subscription of Rs 2000 crore. The coupon rate is 6% p.a. and the tenure is 4 years and 363 days. The deemed date of allotment is 31 May 2021.

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First Published: May 26 2021 | 8:55 AM IST

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