INDIABULLS REAL ESTATE LTD. - Updates on Purchase of Notes by Century Limited, Jersey
| < Back | |
| 05 Apr 2016 | |
| With reference to the earlier letter dated March 21, 2016, intimating the proposal of Century Limited (Century or Issuer), a wholly owned subsidiary of the Company in Jersey, to purchase certain 10.25% senior notes due 2019, which were issued by Century under an indenture dated November 12, 2014 and guaranteed by the Company along with its certain subsidiaries and are listed on the Singapore Exchange Securities Trading Limited (Notes), on the terms and subject to the conditions contained in the tender offer memorandum dated March 21, 2016 (Offer).<BR><BR>Indiabulls Real Estate Ltd has now informed BSE that the Offer expired at 4:00 p.m. London time, April 01, 2016. The Issuer has accepted for purchase an aggregate principal amount of Notes of US$ 20,910,000, at the Purchase Price of US$ 1,000 per US$1,000 in aggregate principal amount. | |
| View all announcements for INDIABULLS REAL ESTATE LTD. | Source: BSE India |
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback