March 10, 2014 11:07 pm | Updated November 16, 2021 09:13 pm IST - MUMBAI:
India Infoline Housing Finance Ltd. (IIHFL) has announced a public issue of IIFL Home Bonds to raise up to Rs.200 crore. The Rs.100-crore issue of unsecured redeemable non-convertible debentures with an option to retain oversubscription of Rs.100 crore more is of the nature of subordinated debt which will be eligible for Tier-II capital. The issue will open on March 12. The bonds will provide a yield of 12.68 per cent per annum under monthly option.
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