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Published on 8/23/2018 in the Prospect News Emerging Markets Daily.

New Issue: India’s Reliance Home allots Rs. 50 million more debentures due 2022

By Sarah Lizee

Olympia, Wash., Aug. 23 – Reliance Home Finance Ltd. informed the Bombay Stock Exchange that it allotted Rs. 50 million more of market-linked nonconvertible debentures due Aug. 16, 2022 on Thursday.

The issue includes an over-allotment option for an additional Rs. 50 million, according to a notice.

The debentures will be listed on the BSE Ltd.

As previously reported, the company allotted Rs. 150 million of market-linked debentures due 2022 on Aug. 13.

Reliance Home Finance is a Mumbai, India-based subsidiary of Reliance Capital Ltd.

Issuer:Reliance Home Finance Ltd.
Issue:Nonconvertible debentures
Amount:Rs. 50 million
Greenshoe:Rs. 50 million
Maturity:Aug. 16, 2022
Tenor:1,454 days
Coupon:Market-linked
Allotment date:Aug. 23

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