GIC Housing Finance to issue 2-month CP - traders
India's GIC Housing Finance plans to raise funds selling commercial papers maturing in two months, three merchant bankers said on Monday.The housing finance company will offer a yield of 7.40% on this issue, and has received commitments worth arou...
By Reuters | Updated:
Agencies
India's GIC Housing Finance plans to raise funds selling commercial papers maturing in two months, three merchant bankers said on Monday.
The housing finance company will offer a yield of 7.40% on this issue, and has received commitments worth around 1 billion rupees ($12.23 million) so far, the bankers said.
The notes are rated A1+ by ICRA and will mature on Feb. 10.
The housing finance company will offer a yield of 7.40% on this issue, and has received commitments worth around 1 billion rupees ($12.23 million) so far, the bankers said.
The notes are rated A1+ by ICRA and will mature on Feb. 10.
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