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HDFC raises Rs 1,000 cr via masala bonds

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Press Trust of India New Delhi
Last Updated : Sep 02 2016 | 9:28 PM IST
Mortgage lender HDFC today said it has raised Rs 1,000 crore through rupee-denominated bonds from overseas investors.
This is the third issue of rupee-denominated bonds to overseas investors, HDFC said in a regulatory filing to stock exchanges.
The company has raised Rs 1,000 crore through bonds which carries coupon rate of 7.50 per cent payable semi-annually, it said, adding the bonds matures in 2020.

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First Published: Sep 02 2016 | 9:28 PM IST

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