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THDCIL raises corporate bonds of Rs 1,200 crore with 9 times over subscription
Thursday, 26 August 2021 | PNS | Dehradun
THDC India Limited has issued Secured Corporate Bonds Series -V with a base size of Rs 400 crore with green shoe option of Rs 800 crore with total issue size amounting to Rs. 1,200 crore 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 August 23 at THDCIL’s NCR office in Ghaziabad in the presence of finance director J Behera, GM (finance) AB Goel, company secretary Rashmi Sharma and BSE representative Hemlata Agarwal.Behera thanked investors for reposing tremendous trust in the company’s operational and financial performance and future growth prospects.