📋 Tender Overview
Project Number
49784
Company Name
Aditya Birla Housing Finance Limited
Date SPI Disclosed
Jan 16, 2025
Country
India
Region
South Asia
Projected Board Date
Dec 2, 2024
Environmental Category
FI-2
Status
Active
Last Updated Date
Department
Regional Industry - FIG Asia & Pac
Industry
Financial Institutions
Previous Events
Approved : Dec 2, 2024
Signed: Dec 20, 2024
Invested: Dec 26, 2024
Sector
Primary Mortgage Institutions
Additional Project Attributes
Blended Finance
Project Description
The proposed investment envisages an Indian Rupee (INR) denominated debt of up to INR 8.3 billion (approximately US$100 million equivalent) to Aditya Birla Housing Finance Limited (ABHFL, or the Company) through senior, secured, rated, redeemable, unlisted non-convertible debentures (NCDs) for a tenor of up to five years (the Project). The Project will support the housing needs of low-income and middle-income group segments, support micro, small and medium enterprises (MSME) finance and promote affordable housing and MSME finance for women, which is still underdeveloped in India.
