THDC (I) Ltd. has successfully raised Corporate Bonds of Rs 1200 Cr. @ 7.39 % from debt market through E-Bidding with 9 times oversubscription
Rishikesh: THDC India Limited has issued Secured Corporate Bonds Series -V with a base size of Rs 400 Cr with green shoe option of Rs 800 Cr with total issue size amounting to Rs. 1200 Cr having a tenor of 10 years. The bond proceeds shall be used to partly meet debt requirement of ongoing and under construction projects.
The bidding for the above issue was done on 23rd August 2021 at THDCIL’s NCR office Ghaziabad in the presence of Shri J. Behera, Director (Finance), Shri A.B Goel, GM (Finance), Ms. Rashmi Sharma, Company Secretary and Ms. Hemlata Agarwal, BSE representative.Shri J. Behera, Director (Finance) thanked investors for reposing tremendous trust on company’s Operational and Financial performance and future growth prospects.
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