HDFC bank plans to raise 5 bn rupees via bonds

Comments 0
SummaryThe base size of the issue is 2.5 billion rupees and Standard Chartered is the sole arranger for the bond sale, said the source.

Housing Development Finance Corp (HDFC), India's biggest mortgage lender, is planning to raise 5 billion rupees ($92.91 million) through one-year one-day bonds at 9.05 percent annual coupon, a source with direct knowledge of the deal said.

The base size of the issue is 2.5 billion rupees and Standard Chartered is the sole arranger for the bond sale, said the source.

Ads by Google
Reader´s Comments
| Post a Comment
Please Wait while comments are loading...