Repco Home Finance to increase $40 mn from IFC via bonds

On Wednesday:Repco Home Finance said, “ it will raise up to USD 40 million by issuing debentures to World Bank arm IFC.” As per the Company in a regulatiry filing,"The company proposes to raise up to USD 40 million by an issue of Non-Convertible Debentures (NCDs) to International Finance Corporation,"

It added,"The project is intended to support RHFL to increasing its reach and penetration in the affordable housing finance segment”

Repco Home Finance (RHFL) stocks were exchange 2.04 % up at Rs 613.10 apiece on BSE amid the afternoon term.  

Related News

Join NewsTrack Whatsapp group