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Published on 1/30/2018 in the Prospect News Emerging Markets Daily.

New Issue: India’s Indiabulls allots Rs. 3.15 billion 7.8% secured notes due 2021

By Tali Rackner

Minneapolis, Jan. 30 – Indiabulls Housing Finance Ltd. informed the Bombay Stock Exchange that its bond issue committee met on Tuesday and allotted Rs. 3.15 billion of secured synthetic INR notes.

The 7.8% notes will mature in February 2021, according to a notice.

Indiabulls is a Mumbai, India-based real estate company.

Issuer:Indiabulls Housing Finance Ltd.
Issue:Secured synthetic INR notes
Amount:Rs. 3.15 billion
Maturity:February 2021
Coupon:7.8%
Allotment date:Jan. 30

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