Polestar advises on INR 500 Cr Debut NCD Issuance of One of the Largest Housing Finance Company


Polestar acted as an Exclusive and Sole Advisor to the largest Affordable Housing Finance Company (“Company”) in India, which was earlier part of a stressed group and later acquired by one of the largest global PE funds.

Few highlights:

  • Polestar advised the Company in formulating Financial Projections, Ideal Borrowing Mix, Peer Comp Analysis, Detailed Information Memorandum etc.
  • We helped the Lenders in carrying out the complete due diligence process.
  • Successfully delivered multiple term sheets and assisted the Company in negotiations with the Investors.
  • Followed up with additional INR 100 Cr of NCD at most competitive terms from another large Fund House.