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HUDCO raises Rs 1,300 cr via private placement of bonds

Updated: December 1, 2016 12:23 pm

State-owned HUDCO said it has raised Rs 1,300 crore through private placement of non- convertible bonds to finance the affordable housing and urban infrastructure projects. Housing & Urban Development Corporation Ltd said in a statement that it “has raised a sum of Rs 1300 crore through private placement issue(s) of unsecured, redeemable, non-convertible bonds at lowest possible interest rates”.

 

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