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Breaking News

HDFC to raise up to Rs 10,000 cr via 10-year bonds

Friday - September 2, 2022 3:18 pm , Category : BUSINESS
Mumbai, Sep 2 (IANS) Housing Development Finance Corporation (HDFC) plans to raise up to Rs 10,000 crore, which includes Rs 5,000 crore in greenshoe through bonds maturing in 10-year, a person close to development said.
The bidding for the bonds will take place on September 5 on the BSE's bidding platform.
"We have a fixed coupon rate of 7.80 per cent on our proposed bond issue," the person cited above said.
Axis Bank and ICICI Bank were appointed as an arranger to the issue.

--IANS msn/svn/

(Disclaimer: This post has been auto published from IANS news agency without any modification to the text and has not been reviewed by editor)