Announced Thu, 9 Jul · 12:32 IST
PNB Housing Finance allots 500 Crore NCDs at 7.83 percent via private placement
Fund Raising View source PDF
PNBHOUSING · price
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Price reaction · full curve 14 horizons · vs prior close
+3.2%1-day move
₹1075.90
prior close
₹1072.90
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.1-0.0+0.5+3.2+4.3+1.7+2.7+1.9+2.1————
Up moveDown movePending
AI summary
PNB Housing Finance has allotted 50,000 secured, rated, taxable, redeemable NCDs of face value Rs. 1,00,000 each, aggregating Rs. 500 Crore, through private placement on NSE EBP platform. The NCDs carry a coupon of 7.83 percent per annum with a tenure of 3 years and 29 days, maturing on August 7, 2029. Interest is paid annually. Secured by exclusive charge on specific book debts with 1 time security coverage. Listed on Wholesale Debt Market segment of NSE.
Likely market impact
Company raised Rs.500 Crore via NCDs at 7.83 percent coupon; no equity dilution as these are debt instruments.