Piramal Capital and Housing Finance Secures $150 Million through Bond Sale
Piramal Capital and Housing Finance has successfully raised $150 million through a bond sale, marking a significant milestone in the company's growth trajectory.
Piramal Capital And Housing FinanceBond SaleReal Estate FinanceHousing FinanceCorporate FinanceReal EstateOct 05, 2024
Frequently Asked Questions
What is the amount raised by Piramal Capital and Housing Finance through the bond sale?
$150 million
What is the purpose of the funds raised through the bond sale?
The funds will be used to further expand the company's lending business, particularly in the real estate sector.
What is Piramal Capital and Housing Finance's focus area?
The company has a strong focus on the real estate sector, particularly in affordable housing and infrastructure development.
What is Piramal Enterprises' business profile?
Piramal Enterprises is a diversified conglomerate with interests in pharmaceuticals, financial services, and real estate.
What is the significance of the bond sale for Piramal Capital and Housing Finance?
The bond sale demonstrates the company's ability to raise funds from international investors and further strengthens its position as a leading player in the Indian financial services sector.
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