Largest Retail Bond Issue in Recent History Coming to Market
The Indian Infrastructure Finance Company (IIFCL) tax free bond issue which is coming to market shortly is set to become one of the largest ever bond issues open to retail participation in recent history.
>> Read more
HDFC And HDFC Bank Hit Up Debt Markets
HDFC, India’s largest non banking mortgage lender plans to raise Rs 1000 Crore or US$ 208 million through the issuance of non-convertible debentures. HDFC plans to issue NCD’s worth Rs 200 crore or US$ 41 million, whilst keeping the option open to raise another Rs 800 crore or US$ 150 million through a green shoe.
>> Read more
State Bank of India To Tap Up To Rs 18,000 Crore From Bond Market
State Bank of India (SBI) India’s largest bank said it intends to raise Rs 18,000 crore or US$ 3.8 billion by March 2010, in order to meet its capital requirement and fuel business growth the bank said on Tuesday just a day ahead of its Rs 2,000 crore or US$ 400 million bond issue.
>> Read more
Tata Capital To Raise US$ 200 Million Through Domestic Bond Offering
The Financial unit of Tata Sons, Tata Capital, a non banking finance company (NBFC) plans to raise funds by issuing debt worth Rs 1,000 crore or US$ 208 million. Tata Capital provides services in areas such as capital markets, housing finance, assets and vehicle financing, retail finance, merchant banking and private equity investment.
>> Read more
HDFC Wants To Raise Funds Overseas. Issues Rs 800 Crore in Domestic Bonds
HDFC, India’s largest mortgage lender and not to be confused with HDFC Bank, is keen to raise funds in overseas markets and is awaiting the Reserve Bank of India’s clarification on the matter.
>> Read more