India's Housing and Urban Development Corp. (Hudco) has finally mandated advisers for its debut securitization, a deal that has so far been nearly a year in the making. Hudco appointed Citibank as lead adviser and ABN Amro JM Morgan Stanley as co-adviser, along with a consortium of domestic securities firms to distribute the securities.

Based in New Delhi, Hudco provides financing for urban development and other infrastructure projects.

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