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India's HDFC plans to raise at least 5 bln rupees via bonds - sources
November 19, 2013 / 5:56 AM / in 4 years

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

MUMBAI, Nov 19 (Reuters) - India’s Housing Development Finance Corp Ltd is planning to raise at least 5 billion rupees ($80.07 million) via 1-year bonds at 9.96 percent, two sources with direct knowledge of the deal said.

HSBC is the sole arranger to the bond sale, the sources said.

$1 = 62.4450 Indian rupees Reporting by Archana Narayanan; Editing by Sunil Nair

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