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HDFC plans to raise up to Rs 1000 crore via bonds: report
21 Mar 2014, 03:11 PM IST
Housing Development Finance Corp, India's biggest mortgage lender, is planning to raise up to Rs 1000 crore through 15-month bonds at 9.60 percent annual coupon, a source with direct knowledge of the matter said.
Base size of the issue is Rs 500 crore, the source said, adding HSBC is the sole arranger for the bond sale.
Copyright: Thomson Reuters 2014
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