Blackstone buys majority stake in Aadhar Housing Finance for Rs 2,200 crore
NEW DELHI: Global investment firm Blackstone has bought a majority stake in Aadhar Housing that caters to the housing financing needs of low-income households, a statement said on Tuesday. Blackstone has bought 97.7 per cent stake in Aadhar for about Rs 2,200 crore, sources said. Blackstone today announced that private equity funds managed by Blackstone […]
Aadhar Housing Finance to raise up to Rs 1,400 crore via NCDs
NEW DELHI: Aadhar Housing Finance (AHFL) Monday said it is planning to raise up to Rs 1,400 crore through non-convertible debentures (NCDs), maturing in three, five and 10 years. The base size of the issue is Rs 500 crore, with an option to retain over subscription up to Rs 900 crore. The company is offering […]