US-based General Atlantic Service Company, L.P. and Asia Opportunities V (Mauritius) Limited are likely to sell shares worth INR 8,300 million in the housing finance firm PNB Housing Finance Limited (NSEI:PNBHOUSING) through open market transactions on June 20, 2024, according to the term sheet issued by the bankers. These two funds propose to sell 10.8 million shares, or 4.16% of the total equity, according to the term sheet. General Atlantic is expected to sell shares worth INR 4,200 million, while Asia Opportunities V (Mauritius) will sell shares worth INR 4,100 million.

BNP Paribas and UBS Securities are the bankers for the deal.