By Sarah Lizee
Olympia, Wash., Dec. 22 – Indiabulls Housing Finance Ltd. informed the Bombay Stock Exchange that it allotted Rs. 2.5 billion of secured redeemable nonconvertible debentures.
The 7 7/8% notes will mature on March 14, 2019, according to a notice.
The debentures will be listed on the National Stock Exchange of India Ltd. and the BSE Ltd.
Indiabulls is a Mumbai, India-based real estate company.
| Issuer: | Indiabulls Housing Finance Ltd.
|
| Issue: | Secured redeemable nonconvertible debentures
|
| Amount: | Rs. 2.5 billion
|
| Maturity: | March 14, 2019
|
| Coupon: | 7 7/8%
|
| Allotment date: | Dec. 22
|
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