Hinduja Leyland Finance eyes $300-500 million through debut dollar bonds
29 November 2024
Hinduja Leyland Finance, the financial services arm of Ashok Leyland, is planning to raise $300-500 million through debut issuance of dollar bonds by the end of the current financial year (FY25), its Managing Director (MD) & CEO Sachin Pillai said on Friday.
They plan to raise the funds through bonds maturing in three to five years.
“We plan to raise $300 million-$500 million through bonds from overseas which is a first for us. The tenure will be 3 years-5 years. We have not appointed arrangers so far, but we are in touch with a few people. We have also not received a rating for the issue, but domestically we are rated AA+,” said Pillai.
Hinduja Leyland Finance, the financial services arm of Ashok Leyland, is planning to raise $300-500 million through debut issuance of dollar bonds by the end of the current financial year (FY25), its Managing Director (MD) & CEO Sachin Pillai said on Friday.
They plan to raise the funds through bonds maturing in three to five years.
“We plan to raise $300 million-$500 million through bonds from overseas which is a first for us. The tenure will be 3 years-5 years. We have not appointed arrangers so far, but we are in touch with a few people. We have also not received a rating for the issue, but domestically we are rated AA+,” said Pillai.
Stay Connected, Stay Informed –
Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated Fact Sheets, delivered straight to your WhatsApp.
Pre Ipo
Upcoming IPO
Unicorn
Planify Enterprises Private Limited
Planify Capital Limited
Licensed By
Mutual Fund License No.:
ARN-164419
IRDA Code (1):
ABLIC1003123454
IRDA Code (2):
ABLIC1003131639
Startup India Certificate No.:
DIPP93786
Other Websites
ⓒ 2016-2026 Planify. All rights reserved, Built with
in India
