HDBFS plans 20 billion rupee reissue of 8.05% Aug 2029 bonds
India’s HDB Financial Services plans to raise 20 billion rupees via the reissue of 8.05% August 8, 2029 bonds, with a greenshoe option of 10 billion rupees. Bids invited Tuesday, per merchant bankers.
India's HDB Financial Services plans to raise 20 billion rupees ($211.82 million), including a greenshoe option of 10 billion rupees, through the reissue of 8.05% August 8, 2029 bonds, three merchant bankers said on Monday. The issuer has invited bids from bankers and investors on Tuesday.