Mumbai: Indiabulls Housing Finance Ltd has today, June 12, 2020, allotted 2,000 Secured, Redeemable, Non-Convertible Debentures of face value Rs. 10 lakh each (‘NCDs’) aggregating to Rs. 200 Crores, on a private placement basis.
These NCDs have been subscribed by two large Indian public sector banks.
The Coupon Rate is 9.00% p.a. (Payable Annually) and the NCDs are proposed to be listed on National Stock Exchange of India Limited and BSE Limited.
