PNB Housing Finance allotted Rs 7,500 crore in debentures through a private placement on the NSE Back
<p>PNB Housing Finance Limited announced that its Management Committee has approved the allotment of 75,000 Listed, Secured, Rated, Taxable, Redeemable Non-Convertible Debentures of face value of Rs 1,00,000 each, aggregating to Rs 7,50,00,00,000, through a private placement via the Electronic Book Provider (EBP) platform of the National Stock Exchange of India Limited. The debentures, with a coupon rate of 8.62% p.a., will mature on January 07, 2030, and are proposed to be listed on the Wholesale Debt Market (WDM) Segment of the NSE.</p>