HDB Financial Services (NSE:HDBFS, BOM:544429) has raised 2.75 billion Indian rupees through the allotment of non-convertible debentures on a private placement basis, according to a Thursday filing to the Indian stock exchanges.
The company allotted 27,500 debentures at a face value of 100,000 rupees each.
The debentures carry a coupon rate of 7.33% per annum and are scheduled to mature on Aug. 4, 2028. They are proposed to be listed on the wholesale debt market segment of the BSE.