HDFC to bask in success with $300m loan as market perks up

Housing Development Finance Corp (HDFC) is making a comeback to the loan market with a $300m fundraising, managing to not only double the deal size since its last visit to lenders nearly three years ago but also pushing for a longer tenor. All factors are now in its favour, said bankers, with the rarity value of its name expected to make it a big hit. Rashmi Kumar reports.