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HDFC plans for 4th issuance of Rupee Denominated Bonds

Capital Market 

Aggregating Rs 500 crore

Housing Development Finance Corporation announced that pursuant to the approval of the Board of Directors of the Corporation at its meetings held previously, the Corporation is contemplating, subject to market conditions, undertaking the fourth issuance of Rupee Denominated Bonds to overseas investors. Indicative details of which are given hereunder:

Issue Size : up to Rs 500 crore

Issue opening date : 14 October 2016

Issue closing / pricing date : 14 October 2016

Listing : London Stock Exchange

The pricing and the tenure of the bonds to be issued pursuant to the said issue will be intimated in due course.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, October 13 2016. 09:21 IST