By Sarah Lizee
Olympia, Wash., Oct. 4 – Indiabulls Housing Finance Ltd. notified the Bombay Stock Exchange that it allotted Rs. 3.5 billion of 9.4648% secured redeemable nonconvertible debentures due 2019 on Thursday.
The seventh tranche was sold at a face value of Rs. 1 million each through a private placement, according to the notice.
The debentures will be listed on the National Stock Exchange of India Ltd. and BSE Ltd.
Indiabulls is a Mumbai-based real estate company.
| Issuer: | Indiabulls Housing Finance Ltd.
|
| Issue: | Secured redeemable nonconvertible debentures
|
| Amount: | Rs. 3.5 billion
|
| Maturity: | Nov. 4, 2019
|
| Coupon: | 9.4648%
|
| Allotment date: | Oct. 4
|
| Distribution: | Private placement
|
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