Indiabulls Housing Finance raises $293m from Oaktree Capital

Indiabulls Housing Finance raises $293m from Oaktree Capital

Photo: Pradeep Gaur/Mint

Indiabulls Housing Finance Ltd (IBHFL) has raised 2,200 crore from Oaktree Capital by pledging a part of its real estate loans to the global stressed assets investor, two people directly aware of the transaction said, requesting anonymity.