By Sarah Lizee
Olympia, Wash., Sept. 27 – Indiabulls Real Estate Ltd. informed the Bombay Stock Exchange that it allotted Rs. 250 million of 10¼% secured redeemable nonconvertible debentures due Sept. 28, 2019.
The 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. 250 million
|
| Maturity: | Sept. 28, 2019
|
| Coupon: | 10¼%
|
| Allotment date: | Sept. 27
|
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