Repco Home Finance to raise Rs 100 crore
Repco Home Finance will raise Rs 100 crore by issuing a 3-year tenure bond on private placement basis. "A meeting of the Securities Allotment Committee of the Board of Directors will be held on October 5, 2016 to consider and approve the private placement of rated, listed, secured, redeemable non-convertible securities in the nature of debentures," it said in a regulatory filing. The issue size is of Rs 100 crore and the bonds are to be issued on a private placement mode, it added.
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