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Published on 3/28/2018 in the Prospect News Emerging Markets Daily.

New Issue: India’s Reliance Home allots Rs. 4 billion 9.1% debentures due 2019

By Sarah Lizee

Olympia, Wash., March 28 – Reliance Home Finance Ltd. informed the Bombay Stock Exchange that it allotted Rs. 4 billion of 9.1% nonconvertible debentures due June 28, 2019 on Wednesday.

The bonds will be listed on the BSE Ltd., according to a notice.

Reliance Home Finance is a Mumbai, India-based subsidiary of Reliance Capital Ltd.

Issuer:Reliance Home Finance Ltd.
Issue:Nonconvertible debentures
Amount:Rs. 4 billion
Maturity:June 28, 2019
Tenor:457 days
Coupon:9.1%
Allotment date:March 28

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