Indiabulls Housing Finance partly redeems six series of debentures

By Sarah Lizee

Olympia, Wash., Feb. 28 – Indiabulls Housing Finance Ltd. informed the Bombay Stock Exchange that it redeemed some of its secured redeemable nonconvertible debentures.

The following debentures were redeemed by the company:

• Rs. 600 million of series 1 debentures (ISIN: INE148I07JO1);

• Rs. 50 million of series 2 debentures (ISIN: INE148I07FX0);

• Rs. 500 million of series 3 debentures (ISIN: INE148I07II5);

• Rs. 400 million of series 4 debentures (ISIN: INE148I07IK1);

• Rs. 90 million of series 5 debentures (ISIN: INE148I07IT2); and

• Rs. 3.3 billion of series 6 debentures (ISIN: INE148I07JR4).

Following the redemptions, Rs. 400 million of the series 2 debentures, Rs. 250 million of the series 3 debentures, Rs. 2.67 billion of the series 4 debentures and Rs. 2.14 billion of the series 5 debentures remain outstanding. None of the series 1 or series 6 debentures remain outstanding.

Indiabulls is a Mumbai-based real estate company.

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