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Indiabulls Housing Finance pre-funds repayment of Masala Bonds

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Capital Market

Additionally, offers pre-mature redemption offer for all NCDs maturing in October 2019

Indiabulls Housing Finance announced that Rs 1,330 crore Masala Bonds issued by the Company in September 2016 and maturing on 15 October 2019, the Company has pre-funded the entire maturity proceeds to Axis Trustee two weeks in advance.

Additionally, the Company will issue an offer at par to all Debenture holder(s) for pre-mature redemption of all NCDs maturing in October 2019 today.

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First Published: Oct 03 2019 | 11:09 AM IST

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