Through sale of non-convertible debentures (NCDs), India Infoline Housing Finance (IIHFL) is to raise Rs 500 crore, the company said on December 11. The NCDs matures in five years and offers a yield of 12.15 per cent per annum. The bond issue, which includes Rs 250 crore of greenshoe option, will open for subscription on December 12 and close on December 20.
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