Bond Issue

Bharti hits overseas bond market, to raise at least $500 mn

Telecom major Bharti Airtel today hit the overseas bond market to raise a minimum of $500 million, said merchant banking sources who are advising on the sale.

Hudco second tranche bonds open, should you invest?

Housing and Urban Development Corp (Hudco) opens its issue of tax-free bonds from 21 February-15 March. The company proposes to raise Rs 5000 crore through the issue with an option to retain oversubscription of up to the residual shelf limit.

IOC raises Rs 1,700 cr through domestic bond issue

State-owned Indian Oil Corp (IOC) today said it has raised Rs 1,700 crore through a domestic bond issue at a new benchmark low interest rate of 8.14 per cent.