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).