Hero FinCorp is planning to raise funds through a two-year bond issuance, as part of its ongoing strategy to diversify funding sources and support future lending growth.
The proposed bond issue is expected to attract participation from banks, mutual funds, and institutional investors, reflecting continued access to domestic debt markets despite a challenging NBFC environment.
The fundraising is aimed at meeting business and refinancing requirements, while ensuring adequate liquidity to support loan book expansion across retail and MSME lending segments.
Hero FinCorp has been actively strengthening its liability profile through diversified borrowings as it prepares for its planned IPO and focuses on improving operational performance.
The bond issuance highlights continued investor confidence in high-quality NBFC issuers and provides Hero FinCorp with additional financial flexibility in a competitive lending market.
