India's HDFC plans to raise 5 bln rupees via bonds
MUMBAI Jan 23 (Reuters) - Housing Development Finance Corp (HDFC), India's biggest mortgage lender, is planning to raise 5 billion rupees ($92.91 million) through one-year one-day bonds at 9.05 percent annual coupon, a source with direct knowledge of the deal said.
The base size of the issue is 2.5 billion rupees and Standard Chartered is the sole arranger for the bond sale, said the source.
($1 = 53.8150 Indian rupees)
(Reporting by Archana Narayanan; Editing by Subhranshu Sahu)
- Sierra Leone declares emergency as Ebola death toll hits 729 |
- Israel, Palestinian militant groups begin 3-day Gaza truce |
- Disappointment, uncertainty after India blocks WTO trade deal
- S&P500 index posts worst fall since April; indexes down for July
- Tesla expects to boost 2015 output to more than 60,000