DLF to raise $1.5 billion in overseas loans

12 Oct 2007

Mumbai: DLF Ltd, the country''s top real estate firm, will raise an overseas loan of up to $1.5 billion and invest up to $750 million in its local and overseas business, the company said in a release.

The company said it would also spend up to $750 million in participating in the proposed initial public offer of DLF Offices Trust, Singapore.