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Published on 4/26/2018 in the Prospect News Emerging Markets Daily.

New Issue: India’s Ashiana allots Rs. 1 billion of 10.15% five-year debentures

By Sarah Lizee

Olympia, Wash., April 26 – Ashiana Housing Ltd. informed the Bombay Stock Exchange that its executive committee of directors allotted Rs. 1 billion of 10.15% five-year secured redeemable non-convertible debentures.

The debt will be listed on the BSE Ltd.

Ashiana is a New Delhi-based real estate development company.

Issuer:Ashiana Housing Ltd.
Issue:Secured redeemable rated listed non-convertible debentures
Amount:Rs. 1 billion
Tenor:Five years
Coupon:10.15%
Allotment date:April 26

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