HDFC raises USD 1.1 billion social credit score to finance inexpensive housing in India

Housing Improvement Finance Company introduced the completion of a USD 1.1 billion syndicated social mortgage facility to finance inexpensive housing in India.

The mortgage is priced competitively at a margin of 90 bps in opposition to SOFR (Secured In a single day Financing Price). The transaction marks a number of vital milestones together with India’s largest social financing issuance, largest social mortgage globally, first social ECB mortgage exterior India and largest ECB mortgage deal from a housing finance firm/non-public NBFC in India. marks the.

operated by Capital Markets – Dwell Information

(This story has not been edited by Enterprise Customary workers and is mechanically generated from a syndicated feed.)

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First revealed: Fri, 05 August 2022. 09:10 IST

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