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Housing and Urban Development board to mull Rs. 1 billion debentures
By Sarah Lizee
Olympia, Wash., March 28 – 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. 1 billion of 7.63% unsecured redeemable non-convertible taxable bonds.
The bonds maturing May 3, 2021 are proposed to be listed on the BSE Ltd. and will be issued in a private placement.
Housing and Urban Development is based in New Delhi.
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