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.
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Issue: | Nonconvertible debentures
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Amount: | Rs. 4 billion
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Maturity: | June 28, 2019
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Tenor: | 457 days
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Coupon: | 9.1%
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Allotment date: | March 28
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