By Marisa Wong
Morgantown, W.Va., June 26 – Indiabulls Housing Finance Ltd. informed the Bombay Stock Exchange that it allotted Rs. 1.25 billion of secured redeemable non-convertible debentures on Tuesday.
The 366-day debentures carry a coupon of 8.9%.
The debentures will be listed on the National Stock Exchange of India Ltd. and the BSE Ltd.
Indiabulls is a Mumbai-based real estate company.
| Issuer: | Indiabulls Housing Finance Ltd.
|
| Issue: | Secured redeemable non-convertible debentures
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| Amount: | Rs. 1.25 billion
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| Maturity: | June 27, 2019
|
| Coupon: | 8.9%
|
| Allotment date: | June 26
|
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