Indiabulls Housing Finance Allotment of Secured, Redeemable, Non-Convertible Debentures on a Private Placement basis – Intimation under SEBI

  • IBHF Intimation of NCD.
  • Indiabulls Housing Finance raises Rs 1,030 cr.

MUMBAI, 19 MAY, 2020 (GPN): Pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we wish to inform that in terms of the Board authorization dated February 5, 2020, the Company
has today, May 18, 2020, allotted 10,300 Secured, Redeemable, Non-Convertible Debentures of face value Rs. 10 lakh
each (“NCDs”) aggregating to Rs. 1,030 Crores, on a private placement basis, as per below mentioned details. These
NCDs have been subscribed by four large Indian public sector banks.
Sl. No Particulars NCDs
IMG_20200520_004848IMG_20200520_004918
Cash Flows in respect of Debenture of face value Rs. 10 lakhs

IMG_20200520_005044
Indiabulls Housing Finance announced it has raised Rs 1,030 crore by issuing bonds on a private placement basis.

The company on May 18 allotted 10,300 secured, redeemable, non-convertible debentures of face value Rs 10 lakh each, aggregating to Rs 1,030 crore, on a private placement basis, the company said in a regulatory filing.
The coupon rate on the bonds with three years tenor is 9.10 per cent per annum (payable annually). ENDS

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Sachin Murdeshwar
Sachin Murdeshwar is a Sr.Journalist and Columnist in several Mainline Newspapers and Portals.He is an ardent traveller and likes to explore destinations to the core.

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