September 16, 2009 / 5:05 AM / 8 years ago

LIC Housing prices share sale at 658 rupees-source

MUMBAI, Sept 16 (Reuters) - Indian mortgage lender LIC Housing Finance (LICH.BO) has priced its share sale to institutions at 658 rupees ($13.6) each, a source familiar with the matter said on Wednesday.

The state-run firm is raising up to $136 million through the share sale in a deal handled by Citigroup (C.N), Enam Securities, Kotak Securities and Nomura. ($1 = 48.4 rupees) (Reporting by Tony Munroe)

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