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Repco Home Finance planning to raise Rs 180 crore

01 Aug 2017 Evaluate

Repco Home Finance (RHF) is planning to raise Rs 180 crore by issuing secured, redeemable, non-convertible debentures (SRNCD) on private placement basis. The bonds will offer coupon rate of 8.05% per annum, for a tenure of 3 years.

Repco Home Finance is a professionally managed housing finance company head quartered in Chennai, Tamil Nadu. It is registered as a housing finance company with the National Housing Bank (NHB).

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