HDB Financial Services (NSE:HDBFS, BOM:544429) has raised 3 billion Indian rupees through the allotment of non-convertible debentures on a private placement basis, according to a Monday filing to the Indian stock exchanges.
The company allotted 30,000 non-convertible debentures of face value of 100,000 rupees each at a coupon rate of 7.35% per annum.
The debentures are scheduled to mature on May 18, 2029, and are proposed to be listed on the wholesale debt market segment of BSE.