QIPs in focus as HDFC, Axis wrap up deals

By Jonathan Breen
06 Aug 2020

Investors threw their weight behind Housing Development Finance Corp's Rp140bn ($1.87bn) fundraising this week.

HDFC launched the deal in the form of a qualified institutional placement on Wednesday evening in Mumbai. The firm was targeting between Rp90bn and Rp100bn in new equity and Rp40bn from a sale of warrants that exchange into primary shares.

A 19-strong syndicate of bookrunning lead managers, led ...

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