HDFC to raise Rs 2,000 crore via bonds tomorrow | Civic News

A PHP Error was encountered

Severity: Warning

Message: session_start(): Failed to decode session object. Session has been destroyed

Filename: Session/Session.php

Line Number: 143

Backtrace:

File: /var/www/html/civicnews.in/public_html/application/third_party/MX/Loader.php
Line: 173
Function: _ci_load_library

File: /var/www/html/civicnews.in/public_html/application/third_party/MX/Loader.php
Line: 192
Function: library

File: /var/www/html/civicnews.in/public_html/application/third_party/MX/Loader.php
Line: 153
Function: libraries

File: /var/www/html/civicnews.in/public_html/application/third_party/MX/Loader.php
Line: 65
Function: initialize

File: /var/www/html/civicnews.in/public_html/application/modules/home/controllers/Home.php
Line: 7
Function: __construct

File: /var/www/html/civicnews.in/public_html/index.php
Line: 315
Function: require_once

HDFC to raise Rs 2,000 crore via bonds tomorrow | Civic News

HDFC to raise Rs 2,000 crore via bonds tomorrow

05 Sep 2017 3:31 PM | General

363 Report

New Delhi: Mortgage lender HDFC will raise Rs 2,000 crore by issuing bonds on private placement basis to augment its long-term capital.

"The object 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," HDFC said in a filing.

The issue to raise Rs 2,000 crore will open on Wednesday and closes the same day.HDFC said the company will specifically address the persons who are eligible for the debenture issue and no other person can apply for it.Stock of HDFC traded 0.24 per cent up at Rs 1,759.75 on BSE.

Courtesy: PTI

Share on Facebook

Share on Whatsapp

Comments