Indiabulls Housing Finance on Saturday said it will raise up to Rs 1,000 crore through a public issue of bonds that opens next week.
The base issue size of the bonds, in the nature of secured redeemable non-convertible debentures (NCDs), is of Rs 200 crore with an option to retain oversubscription up to Rs 800 crore, aggregating up to Rs 1,000 crore, Indiabulls Housing Finance said in a regulatory filing.
The issue opens on December 9 and closes on December 20, the company said. The bonds are rated AA/stable by Crisil and BWR.
(With inputs from PTI)
(To receive our E-paper on whatsapp daily, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)