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India’s ICICI Home Finance approves Rs. 1.76 billion debenture issue
By Wendy Van Sickle
Columbus, Ohio, March 23 – Icici Home Finance Co. Ltd.’s committee of directors approved on Wednesday allotment of Rs. 1.76 billion unsecured redeemable senior debentures, according to a Bombay Stock Exchange notice.
The 3,520 debentures with a face value of Rs. 500,000 each will be issued on a private placement basis under multiple options.
ICICI Home Finance is a Mumbai, India-based company specializing in mortgage finance.
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