Aadhar Housing Finance Limited NCD Public Issue
Aadhar Housing Finance (AHFL), is launching its public issue of Secured, Redeemable Non-Convertible Debentures (NCD) with face value of Rs 1,000 each to raise up to Rs.1,400 crore maturing in three, five and 10 years. The base size of the issue is Rs.500 crore, with an option to retain over subscription up to Rs.900 crore.
The company is offering an annual coupon of 9.60%, 9.65% and 9.75% on the three, five and 10 year bonds, respectively. The issue will open on 14 September and close on 28 September 2018.
AHFL, formerly known as DHFL Vysya Housing Finance Ltd, is one of the largest affordable housing finance companies in India servicing the home financing needs of the low income sections of the society.
Issue Opens On : Friday, September 14, 2018
Issue Closes On : Friday, September 28, 2018 [Subject to Early Closure]
For more Information visit http://aadharhousing.com/investor-relations/aadhar-housing-ncd-ipo.php
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