Housing Development Finance Corporation Rs10 billion 8.22% masala bond issue

9/4/2019
Investment grade bond/note issue

Re 10 billion

$ 144.554 million

Completed

9/4/2019


Overview:

  • Housing finance institution Housing Development Finance Corporation (HDFC) has issued Rs10 billion 8.22% three-year masala bonds under its 2.8 billion MTN programme.
  • HDFC has also re-established its MTN programme for 2019.

Shah Shameer Ahmed - Researcher

Jurisdiction:

India

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Financial services


Firm:

Party: HSBC (Arranger)

Party: Nomura (Arranger)

Party: Standard Chartered (Arranger)

Party: Sun Global Investments (Lead manager)

Lawyer: Nick Hayday