GIC Housing garners Rs 200 cr via commercial paper issuance

GIC Housing Finance on Friday said it has raised Rs 200 crore by issuing commercial papers to ICICI Mutual Fund.

The company has allotted commercial papers worth Rs 200 crore on December 12, 2019 at a rate of 5.36 per cent for 56 days to ICICI Mutual Fund, it said in a regulatory filing.

GIC Housing stock was trading at Rs 150 on the BSE, up 0.98 per cent from the previous close.

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