India: PNB Housing Finance plans $4.7b debt as Carlyle deal in limbo

India: PNB Housing Finance plans $4.7b debt as Carlyle deal in limbo

Photo: Reuters

PNB Housing Finance on Wednesday said that it is seeking shareholders’ nod to raise further funds via issue of non-convertible debentures worth up to ₹35,000 crore amid facing legal hurdles in the Carlyle group deal.

The company will seek shareholders’ nod in its annual general meeting (AGM) on September 3, 2021, PNB Housing Finance said in BSE regulatory filing.

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