Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1679
    +0.0022 (+0.19%)
     

  • GBP/USD

    1.2494
    -0.0017 (-0.13%)
     

  • Bitcoin GBP

    50,405.52
    +438.66 (+0.88%)
     

  • CMC Crypto 200

    1,393.12
    -3.42 (-0.24%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • DOW

    38,239.66
    +153.86 (+0.40%)
     

  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     

  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
BRANDS:

'We sold £1.5m of product in our first week'

Lyma founder on rise of her wellness company

Indiabulls Housing Finance to issue dollar bonds, bankers say

Reuters

MUMBAI (Reuters) - Indiabulls Housing Finance plans to raise funds through the sale of dollar-denominated bonds maturing in three years and three months, two merchant bankers said on Tuesday.

The non-banking financial company may look to raise around $300 million to $500 million via this bond issue, the bankers added.

It has appointed Barclays, CLSA, Deutsche Bank, Elara Capital, Emirates NBD Capital, Nuvama and UBS as joint bookrunners for the proposed issue.

The proceeds will be used for activities such as onward lending, the bankers said.

(Reporting by Dharamraj Dhutia; Editing by Shounak Dasgupta)