HDB Financial Services (NSE:HDBFS, BOM:544429) has raised 8.62 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 81,000 non-convertible debentures of a face value of 100,000 rupees each.
The debentures carry a coupon rate of 7.55% per annum and are scheduled to mature on April 4, 2029. They are proposed to be listed on the wholesale debt market segment of the BSE.
The company's shares were up nearly 1% in recent trade.