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Indiabulls Housing Finance to raise $350 million

Indiabulls Housing Finance has received approval for issuance of $350 million 6.375% payable semi-annually (6.29% nominal monthly) Senior Secured Notes due May 2022 under the updated $1,500 million Secured Euro Medium Term Note Programme of the Company. The bond issue committee of the Board of Directors of the Company at its meeting held on May 21, 2019 has approved the same.

Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National Housing Bank (NHB).

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