PNB Housing raises funds via 5-year bond issue

PNB Housing raises funds via 5-year bond issue. The company has opened bids for a 5-year non-convertible debenture issue, aiming to raise capital for business growth. Bankers confirmed that bids are being accepted, though final size and pricing are yet to be disclosed. This move strengthens its funding mix amid rising credit demand.

📊 STOCKS: $PNBHOUSING | 🏢 SECTOR: CapitalMarkets | #LOWIMPACT #Funding