Reuters logo
India's HDFC plans to raise up to 7.5 bln rupees via bonds
February 21, 2013 / 5:31 AM / in 5 years

India's HDFC plans to raise up to 7.5 bln rupees via bonds

MUMBAI, Feb 21 (Reuters) - Housing Development Finance Corp , India’s biggest mortgage lender, plans to raise up to 7.5 billion rupees ($138.67 million) through five-year bonds at 9.25 percent, two sources with direct knowledge of the deal said.

The base size of the issue is 4 billion rupees and Axis Bank is the sole arranger for the bond sale, said the sources. ($1 = 54.0850 Indian rupees) (Reporting by Archana Narayanan; Editing by Prateek Chatterjee)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below