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 3/22/2017 in the Prospect News Emerging Markets Daily.

New Issue: India’s Indiabulls prices Rs. 1 billion of 9.02% debentures due 2018

By Tali Rackner

Norfolk, Va., March 22 – Indiabulls Real Estate Ltd. informed the Bombay Stock Exchange that it priced Rs. 1 billion of 9.02% secured redeemable nonconvertible debentures due April 20, 2018.

The 100 debentures were issued with a face value of Rs. 1 million each in a private placement.

The debentures will be listed on the BSE Ltd.

Indiabulls is a Mumbai-based real estate company.

Issuer:Indiabulls Real Estate Ltd.
Issue:Secured redeemable nonconvertible debentures
Amount:Rs. 1 billion
Maturity:April 20, 2018
Coupon:9.02%
Allotment date:March 22

© 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.