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India’s Housing and Urban Development to mull Rs. 2 billion debentures
By Sarah Lizee
Olympia, Wash., March 23 – India’s Housing and Urban Development Corp. Ltd. informed the Bombay Stock Exchange that the subcommittee of its board will meet on Tuesday to consider an issue of up to Rs. 2 billion of 7.68% unsecured redeemable nonconvertible taxable bonds with a greenshoe of up to Rs. 2.6 billion.
The bonds maturing April 05, 2021 are proposed to be listed on BSE Ltd. and will be issued in a private placement.
Housing and Urban Development is based in New Delhi, India.
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