GIC, KKR and OMERS to Back $1.75 Billion HDFC Capital Raise

Posted on 01/14/2018


Housing Development Finance Corporation Limited (HDFC) plans to raise roughly US$ 1.75 billion (Rs 11,104 crore) by selling preferential shares to investors which include GIC Private Limited, OMERS, KKR, PremjiInvest and Carmignac Group. HDFC is selling 64,329,882 shares at the price of Rs 1,726.05 per share to these investors. The preferential share sale comprises 3.87% […]