DCM GHFL Sec I
Sector: Residential • Location: India
Source: International Finance Corporation (IFC)
The proposed IFC investment comprises an INR denominated investment of up to INR 5.6 billion (approximately US$65 million equivalent) in securitized assets originated by Grihum Housing Finance Limited (Grihum), through subscription to Pass Through Certificates (PTC) backed by individual housing loans, known as Residential Mortgage-Backed Securities (RMBS), with a tenor of up to 8 years. As part o
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | pending |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed IFC investment comprises an INR denominated investment of up to INR 5.6 billion (approximately US$65 million equivalent) in securitized assets originated by Grihum Housing Finance Limited (Grihum), through subscription to Pass Through Certificates (PTC) backed by individual housing loans, known as Residential Mortgage-Backed Securities (RMBS), with a tenor of up to 8 years. As part of the project, IFC will explore mobilizing an aggregate amount of INR 860 million (approximately US$10 million equivalent) from other institutional investors who subscribe to the RMBS. The entire proceeds from the investment will be directed by Grihum towards expanding its affordable housing finance portfolio. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |