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Published on 6/7/2016 in the Prospect News Emerging Markets Daily.

India’s Dewan Housing plans Rs. 350 million nonconvertible debentures

By Tali Rackner

Norfolk, Va., June 7 – Dewan Housing Finance Corp. Ltd. informed the Bombay Stock Exchange that it is proposing a Rs. 350 million issue of secured redeemable nonconvertible debentures at par.

The debentures will be issued on a private placement basis and include an up to Rs. 350 million greenshoe option.

Dewan Housing is based in Gurgaon, India.


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