India's HDFC to raise at least 5 bln rupees via 10-yr bonds - sources

MUMBAI, June 17 Tue Jun 17, 2014 2:50am EDT

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MUMBAI, June 17 (Reuters) - India's Housing Development Finance Corp will raise at least 5 billion rupees through 10-year bonds at 9.24 percent, three bankers said on Tuesday.

Axis Bank is the sole arranger for the bond issue which also carries a greenshoe option. The pay-in for the issue is likely by the end of this week, one of the sources said. (Reporting by Neha Dasgupta and Abhishek Vishnoi; Editing by Subhranshu Sahu)

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