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Prospect News home > News index > List of issuers I > Headlines for Indiabulls Real Estate Ltd. > News item
Published on 3/22/2016 in the Prospect News Emerging Markets Daily.

India’s Indiabulls intends to issue Rs. 2.5 billion of nonconvertibles

By Tali Rackner

Norfolk, Va., March 22 – Indiabulls Real Estate Ltd. informed the Bombay Stock Exchange that is proposing an issue Rs. 2.5 billion of secured nonconvertible redeemable debentures.

The 2,500 debentures will have a face value of Rs. 1 million each and will be issued on a private placement basis.

Indiabulls is a Mumbai, India-based real estate company.


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