NEW DELHI: Indiabulls Housing Finance said on Friday it will buy back bonds worth up to USD 50 million (around Rs 348 crore), which is a part of its USD 1.5 billion bond programme.
“The company will be doing a buyback of up to USD 50 million of the USD 350 million 6.375 per cent notes issued by the company,” it said in a regulatory filing.
The buyback is part of the company’s USD 1.5 billion (around Rs 10,398 crore) secured euro medium-term note programme, it said.
The buyback will be done upon receipt of necessary regulatory approval, it added.
Source: Press Trust of India