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MarketsConfirmedMedium
6.1

HDFC Bank raises $1.75 billion via offshore bond issuance from GIFT City

HDFC Bank has successfully raised $1.75 billion in senior unsecured notes through its GIFT City branch, split between three-year and five-year tenors. This issuance highlights the growing role of India's International Financial Services Centre as a conduit for corporate capital raising in foreign currency.

bne IntelliNews4 days agoINengCredibility 60%View source

Score Breakdown

Mosaic Score6.1
Confidence0.9
Significance0.5
Source credibility0.6

Intelligence Tags

#banking#debt#india#capital markets#finance

Locations

MumbaiGIFT City

Entities

country
Source

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