Property developer DLF prices Rp32bn QIP

Jonathan Breen

March 29, 2019 08:30 am

construction 230-150x — A new building is being constructed with use of tower crane | ILKER CELIK/ilkercelik - Fotolia

Indian real estate major DLF bagged Rp31.7bn ($458.7m) this week after wrapping up its qualified institutional placement (QIP), with investors winning a near 5% discount to the floor price.

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JP Morgan Equity India Asia Follow-ons and Rights Issues Asia South Asia Morgan Stanley Asia Pacific Follow-ons and Rights issues Emerging Markets

JB

Jonathan Breen

Equities editor GlobalCapital Asia