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Prospect News home > News index > List of issuers D > Headlines for Dewan Housing Finance Corp. Ltd. > News item
Published on 4/12/2018 in the Prospect News Emerging Markets Daily.

New Issue: India’s Dewan issues Rs. 100 million of 8.8% redeemable debentures

By Tali Rackner

Minneapolis, April 12 – Dewan Housing Finance Corp. Ltd. informed the Bombay Stock Exchange that it issued Rs. 100 million of 8.8% unsecured redeemable nonconvertible subordinated tier II debentures.

The 10-year bonds will be listed on BSE Ltd.

Dewan Housing is based in Gurgaon, India.

Issuer:Dewan Housing Finance Corp. Ltd.
Issue:Unsecured redeemable nonconvertible subordinated tier II debentures
Amount:Rs. 100 million
Tenor:10 years
Maturity:April 12, 2028
Coupon:8.8%
Allotment date:April 12
Rating:CARE: AA+
Brickworks: BWR AAA

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