E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/29/2016 in the Prospect News Emerging Markets Daily.

New Issue: India’s Indiabulls prices Rs. 750 million of 10% debentures due 2022

By Wendy Van Sickle

Columbus, Ohio, June 29 – Indiabulls Real Estate Ltd. informed the Bombay Stock Exchange that it priced Rs. 750 million of secured redeemable nonconvertible debentures, according to a notice.

The 10% notes will mature April 29, 2022.

The debentures were issued with a face value of Rs. 1 million each in a private placement.

The debentures will be listed on the Bombay Stock Exchange Ltd.

Indiabulls is a Mumbai-based real estate company.

Issuer:Indiabulls Real Estate Ltd.
Issue:Secured redeemable nonconvertible debentures
Amount:Rs. 750 million
Maturity:April 29, 2022
Coupon:10%
Allotment date:June 29

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.