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Indiabulls Housing Finance raises Rs 207 cr via NCDs

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Press Trust of India New Delhi
Indiabulls Housing Finance today said it has raised Rs 207 crore by issuing non-convertible debentures on a private placement basis.

"The company has today, allotted secured, redeemable, non-convertible debentures of face value of Rs 10 lakh each aggregating Rs 207 crore," it said in a regulatory filing.

The debentures with a tenure of 10 years, carry 9 per cent coupon rate.
 

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First Published: Apr 29 2016 | 9:28 PM IST

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