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Repco Home Finance raises Rs 100 crore through SRNCD issue

07 Sep 2015 Evaluate

Repco Home Finance has raised Rs 100 crore by mode of private placement of 1000 Zero-Coupon Secured, Redeemable and Non-Convertible Debentures (SRNCD) of face value of Rs 10,00,000 each (at par) and maturing on September 06, 2018. (XIRR 9.21%).

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.

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