HDFC to issue NCDs aggregating Rs 2500 cr on 11 May

Housing Development Finance Corporation will be issuing secured redeemable non convertible debentures under Series X-003 aggregating Rs 2500 crore on private placement basis on 11 May 2020.

The object of the issue is to augment the long term resources of the corporation. The proceeds of the present issue would be utilized for financing and refinancing the housing finance business requirements of the corporation.

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