ICICI Home Finance to raise Rs 955 crore via debentures

The debentures will be of face value of Rs 5 lakh each

ICICI Home Finance to raise Rs 955 crore via debentures
Press Trust of India New Delhi
Last Updated : Mar 18 2016 | 7:23 PM IST
ICICI Home Finance Company Friday said it will raise up to Rs 955 crore in tranches by issuing debentures on private placement basis.

A meeting of the Committee of Directors of ICICI Home Finance will be held on March 23 to consider the allotment of debentures, it said in a BSE filing.

It said the board will consider the allotment of unsecured redeemable senior bonds in the nature of debentures on private placement basis.

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The debentures will be of face value of Rs 5 lakh each.

ICICI Home Finance, part of the ICICI Group, is in the business of mortgage finance and realty space.
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First Published: Mar 18 2016 | 7:02 PM IST

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