Indiabulls’ $350 million foreign bond offer subscribed 3 times
MUMBAI: A host of international investors including PIMCO, Blackrock, Pictet and Abrdn invested in Indiabulls Housing Finance’s $350-million (Rs 2,900-crore) foreign bond offering that was subscribed over three times, generating a book size of $1.1 billion. The participation of global giants like PIMCO in an Indian corporate bond offering is a relatively rare occurrence. The … Read more