Piramal Capital Housing Finance to Raise $500 Million via Dollar Bond Sale
Real Estate

Piramal Capital Housing Finance to Raise $500 Million via Dollar Bond Sale

Piramal Capital Housing Finance, a subsidiary of Piramal Enterprises Limited, is planning to raise up to $500 million through a dollar bond sale. The funds raised will be utilised to strengthen the company's capital base, expand lending activities, and meet its business growth objectives in the housing finance sector.

The dollar bond issuance is part of Piramal Capital's strategic efforts to diversify funding sources and access international capital markets for long-term financing. It seeks to capitalise on favourable market conditions and investor appetite for high-quality debt instruments issued by reputable financial institutions.

The proceeds from the bond sale will bolster Piramal Capital's liquidity position, enabling it to enhance its lending portfolio across retail and corporate segments within the housing finance industry. This initiative aligns with the company's commitment to supporting homebuyers and real estate developers through customised financial solutions.

Piramal Capital Housing Finance aims to leverage its strong market presence and robust credit profile to attract global investors seeking exposure to India's growing housing finance sector. The dollar bond issuance is expected to contribute significantly to Piramal Capital's funding diversification strategy and strengthen its position in the competitive financial services landscape.

The company remains focused on maintaining prudent risk management practices and delivering sustainable value to stakeholders while expanding its footprint in the housing finance market. The bond issuance underscores Piramal Capital's proactive approach in securing funding for future growth initiatives and enhancing shareholder value.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

Piramal Capital Housing Finance, a subsidiary of Piramal Enterprises Limited, is planning to raise up to $500 million through a dollar bond sale. The funds raised will be utilised to strengthen the company's capital base, expand lending activities, and meet its business growth objectives in the housing finance sector. The dollar bond issuance is part of Piramal Capital's strategic efforts to diversify funding sources and access international capital markets for long-term financing. It seeks to capitalise on favourable market conditions and investor appetite for high-quality debt instruments issued by reputable financial institutions. The proceeds from the bond sale will bolster Piramal Capital's liquidity position, enabling it to enhance its lending portfolio across retail and corporate segments within the housing finance industry. This initiative aligns with the company's commitment to supporting homebuyers and real estate developers through customised financial solutions. Piramal Capital Housing Finance aims to leverage its strong market presence and robust credit profile to attract global investors seeking exposure to India's growing housing finance sector. The dollar bond issuance is expected to contribute significantly to Piramal Capital's funding diversification strategy and strengthen its position in the competitive financial services landscape. The company remains focused on maintaining prudent risk management practices and delivering sustainable value to stakeholders while expanding its footprint in the housing finance market. The bond issuance underscores Piramal Capital's proactive approach in securing funding for future growth initiatives and enhancing shareholder value.

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