DHFL plans to raise up to Rs 15,000 crore via bond

DHFL plans to raise up to Rs 15,000 crore via bond
15/05/2018 , by , in ALLIED

Dewan Housing Finance (DHFL) is set to launch this year’s largest retail bond sale, raising up to Rs 15,000 crore for funding home loans as the demand for affordable apartments surges in the world’s fastest-expanding major economy.

DHFL is the flagship company of Wadhawan Global Capital (WGC) group. The issue is rated triple-A by Care and Brickwork Ratings, two domestic rating companies.

Three people close to the sale told ET that the issue could be between Rs 10,000 crore and Rs 15,000 crore. The company declined to comment on the matter.

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