HDFC plans to raise up to Rs 1,000 crore via bonds
Base size of the issue is Rs 500 crore
)
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Base size of the issue is Rs 500 crore
)
Housing Development Finance Corp, India's biggest mortgage lender, is planning to raise up to Rs 1,000 crore through 15-month bonds at 9.60% annual coupon, a source with direct knowledge of the matter said.
Base size of the issue is Rs 500 crore, the source said, adding HSBC is the sole arranger for the bond sale.
First Published: Mar 21 2014 | 3:02 PM IST