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Published on 7/10/2018 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Indiabulls Housing buys back Rs. 1.6 billion 8¼% debentures due 2020

By Marisa Wong

Morgantown, W.Va., July 10 – Indiabulls Housing Finance Ltd. informed the Bombay Stock Exchange that it repurchased Rs. 1.6 billion of its 8¼% secured redeemable non-convertible debentures due March 13, 2020.

Following the early redemption, Rs. 900 million of the debentures will remain outstanding.

Indiabulls is a Mumbai-based real estate company.


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