The company had taken the high-cost debt, via Non-convertible debentures and Optionally convertible debentures at an interest cost of 19.5 per cent from a clutch of private investors, to settle bank debts
New Delhi: Mortgage lender HDFC Ltd on Wednesday said it will raise up to Rs 5,000 crore by issuing non convertible debentures (NCDs) on a private placement basis. The issue will open on March 5, 2021 and close the same day, HDFC said in a regulatory filing. The base size of the issue of secured […]