CMBS will reduce interest costs by 200 bps: DLF
India's largest realty firm DLF is likely to raise about Rs 3,600 crore this quarter through the issue of securities, backed by its IT-SEZ, as part of strategy to replace costlier debt. DLF Chief Financial Officer Ashok Tyagi, speaking exclusively to ET Now, said that CMBS will reduce interest costs by 200 bps.
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