Published on 7/30/2018 in the Prospect News Emerging Markets Daily.
New Issue: Indiabulls Housing places Rs. 1.5 billion of 8.8% five-year debentures
By Susanna Moon
Chicago, July 30 – Indiabulls Housing Finance Ltd. notified the Bombay Stock Exchange that it allotted Rs. 1.5 billion of 8.8% secured redeemable debentures due 2023 on Tuesday.
The third tranche was sold at a face value of Rs. 1 million each through a private placement, according to the notice.
Indiabulls is a Mumbai-based real estate company.
| Issuer: | Indiabulls Housing Finance Ltd.
|
| Issue: | Secured redeemable debentures
|
| Amount: | Rs. 1.5 billion
|
| Maturity: | July 28, 2023
|
| Coupon: | 8.8%
|
| Allotment date: | July 30
|
| Distribution: | Private placement
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
