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Published on 3/28/2018 in the Prospect News Emerging Markets Daily.

New Issue: India’s Indiabulls allots Rs. 600 million 8.43% debentures due 2028

By Sarah Lizee

Olympia, Wash., March 28 – Indiabulls Housing Finance Ltd. informed the Bombay Stock Exchange that it allotted Rs. 600 million of 8.43% secured redeemable nonconvertible debentures due 2028.

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. 600 million
Maturity:Feb. 22, 2028
Tenor:3618 days
Coupon:8.43%
Allotment date:March 28

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