CMBS
The net debt of DLF went up by Rs. 817 crore and made Rs. 19,94 crore, at the time of second quarter of the financial year. The realty firm had planned to increase it by Rs. 3,600 crore with the help of securities along with the support of commercial fundamentals to take place of more [...] Continue Reading »
DLF’s subsidiary, DLF Emporio has raised Rs 525 crore through India’s first commercial mortgage backed security (CMBS) issue, a new way for Indian real estate developers to raise funds. In a CMBS issue, a company raises money upfront by issuing non-convertible debentures (NCDs) to investors. The company pays off the principal at the end of [...] Continue Reading »
