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Prospect News home > News index > List of issuers H > Headlines for Housing Development Finance Corp. Ltd. > News item
Published on 6/16/2017 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

India’s Housing Development redeems Rs. 1.97 billion of debentures

By Tali Rackner

Minneapolis, June 16 – Housing Development Finance Corp. Ltd. informed the Bombay Stock Exchange that it redeemed Rs. 1.97 billion of its secured redeemable nonconvertible debentures prior to maturity.

Housing Development redeemed the 197 series P-002 debentures (ISIN: INE001A07OO9) on Friday.

Following the transaction, the outstanding amount under the issue was reduced to Rs. 18.03 billion.

The Mumbai-based issuer provides housing finance to individuals and lease finance facilities to the corporate sector for plant and machinery, energy generation and other assets.


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