By Rebecca Melvin
New York, March 6 – Lodha Developers International Ltd. priced $200 million of 12% senior notes due 2023, according to a regulatory release.
The proceeds are being used to refinance part of the company’s existing $324 million senior notes due March 13, 2020.
Lodha is a Mumbai-based real estate developer.
| Issuer: | Lodha Developers International Ltd.
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| Issue: | Senior notes
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| Amount: | $200 million
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| Maturity: | 2023
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| Coupon: | 12%
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| Pricing date: | March 5
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