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

  •   Fri, Sep 02 2022 04:12:47 PM

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.

 
  

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



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