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.
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Issue: | Secured redeemable nonconvertible debentures
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Amount: | Rs. 600 million
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Maturity: | Feb. 22, 2028
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Tenor: | 3618 days
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Coupon: | 8.43%
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Allotment date: | March 28
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