To enhance its long-term capital base, the private sector mortgage lender, HDFC will come up with a bond issue on Wednesday. The bonds shall be issued on a private placement basis.
HDFC To Raise Rs. 2000 Crore Via Bonds; Issue To Open Tomorrow
In a filing to the exchange the lender said, "The objective of the issue is to augment the long-term resources of the corporation. The proceeds of the present issue would be utilised for financing/refinancing the housing finance business requirements of the corporation."
The issue which opens tomorrow i.e Wednesday shall close on the same day. For the issue, the company will cater to only those who are eligible and others shall not be able to apply for the same.
On the BSE, shares of the company were trading higher 0.24 per cent at Rs 1,759.75.
Goodreturns.in
Notifications
Settings
Clear Notifications
No New Notifications
Notifications
Use the toggle to switch on notifications
Block for 8 hours
Block for 12 hours
Block for 24 hours
Don't block
To start receiving timely alerts, as shown below click on the Green “lock” icon next to the address bar
Click it and Unblock the Notifications
Close X
Close X
To Start receiving timely alerts please follow the below steps:
Click on the Menu icon of the browser, it opens up a list of options.
Click on the “Options ”, it opens up the settings page,
Here click on the “Privacy & Security” options listed on the left hand side of the page.
Scroll down the page to the “Permission” section .
Here click on the “Settings” tab of the Notification option.
A pop up will open with all listed sites, select the option “ALLOW“, for the respective site under the status head to allow the notification.
Once the changes is done, click on the “Save Changes” option to save the changes.
Click it and Unblock the Notifications
Sign in with Google