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Prospect News home > News index > List of issuers H > Headlines for HDFC Bank Ltd. > News item
Published on 9/22/2016 in the Prospect News Emerging Markets Daily.

New Issue: India’s HDFC Bank sells Rs. 67 billion senior redeemable debentures

By Marisa Wong

Morgantown, W.Va., Sept. 22 – HDFC Bank Ltd. announced it issued Rs. 67 billion of senior redeemable long-term non-convertible debentures on Wednesday.

The bonds, each with a face value of Rs. 1 million, were sold on a private placement basis.

This is the Mumbai-based bank’s first series of debentures for 2016.

Issuer:HDFC Bank Ltd.
Issue:Senior redeemable long-term non-convertible debentures, 2016-2017 series 1
Amount:Rs. 67 billion
Settlement date:Sept. 21
Distribution:Private placement

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