The Economic Times
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4th April 2021
Aadhar Housing Finance to raise up to Rs 1,400 crore via NCDs
Aadhar Housing Finance (AHFL) Monday said it is planning to raise up to Rs 1,400 crore through non-convertible debentures (NCDs), 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 per cent, 9.65 per cent and 9.75 per cent on the three, five and 10-year bonds, respectively.The issue will open on September 14 and close on September 28."At least 75 per cent o