Repco Home Finance has raised Rs 100 crore by mode of private placement of 1000 Non Convertible Debentures of face value Rs 10,00,000 each (at par), carrying an annual coupon rate of 9.55% and maturing on February 27, 2018.
Repco Home Finance is a professionally managed housing finance company headquartered in Chennai, Tamil Nadu. The company is operating through 80 branches and 13 satellite centres in Tamil Nadu, Andhra Pradesh, Kerala, Karnataka, Maharashtra, Gujarat, Odisha, West Bengal and Puducherry.