Business Standard

DLF Cyber City Developers allots NCDs aggregating Rs 1150 cr

Image

Capital Market

On private placement basis

DLF announced that its material subsidiary, DLF Cyber City Developers has approved allotment of 11,500 Senior, Listed, Rated, Secured, transferable, redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 10,00,000/- each at a coupon rate of 7.90 % p.a. (inclusive of fees) payable on annual basis, with an aggregate principal amount of Rs 1,150 crore on private placement basis, to eligible investor(s).

Powered by Capital Market - Live News

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

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 29 2022 | 2:31 PM IST

Explore News