| Instrument Description (Long): |
8.50% Secured Non-Convertible Long term infrastructure Bond. Letter of Allotment. Tranche-I u/s 80CCF of IT 2011-12.Series- II. Date of Maturity 21/11/2021 |
| Instrument Description(short): |
POWER FINANCE CORPORATION LTD. SR-II 8.5 LOA 21NV21 FVRS5000 |
| ISIN: |
INE134E07166 |
|
| Type of Instrument: |
Bonds |
|
Face Value (per instrument):: |
5000 |
| Whether Secured or Unsecured: |
Secured |
|
Coupon Basis: |
Fixed Interest |
| Whether Guaranteed or Partially Guaranteed: |
Not guaranteed |
|
Coupon Rate: |
8.50% |
| |
|
|
Details of Variable Coupon Rate: |
- |
| Seniority in Repayment: |
|
|
Day Count Convention: |
Actual/actual |
| Whether tax free: |
No |
|
Mode of Issue: |
Public Issue |
If Tax free - Section of The Income Tax Act,1961:  |
|
|
Issue price (per instrument): |
5000 |
| |
|
Issue Size (in Crores): |
14.526 |
| Series (if any): |
Infrastructure Bonds (2011-12) Series - II |
|
Total Allotment Quantity: |
102308 |
| Whether bonds/debentures fall under Infrastructure category as per Government notification: |
Yes |
|
Date of Allotment: |
21-Nov-2011 |
| |
|
Tenure of the instrument at the time of Issuance: |
Year
:
Months
:
Days
:
|
| |
|
Frequency of Interest Payment with specified dates: |
ON MATURITY |
| Scheduled Opening Date: |
29-Sep-2011 |
|
Put Option with specified dates: |
one date being the date falling five years and one day from the date of allotment |
| Scheduled Closing Date: |
04-Nov-2011 |
|
Call Option with specified dates: |
|
| Actual Closing Date: |
04-Nov-2011 |
|
Redemption Date/Last Conversion Date: |
21-Nov-2021 |
| |
|
|
Defaulted in Redemption: |
Not Applicable |
| |
|
|
| If guaranteed, provide complete details regarding the Guarantee: |
Government of India |
|
Redemption Premium Details: |
|
| Step up / Step down coupon basis: |
Step Down |
|
Step up / Step down details: |
|
| Indicate whether Put option will be exercised at Discount/Premium/Par: |
Par |
|
Put option details: |
One date being the date falling five year and one day from the deemed date of allotment |
| Indicate whether Call option will be exercised at Discount/Premium/Par: |
|
|
Call option details: |
|
| Whether Debentures/Bonds are perpetual in nature: |
No |
|
Indicate whether the instrument is rated: |
Yes |
| Type of Convertibility - A: |
Non Convertible |
|
Convertibility details: |
|
| Type of Convertibility - B: |
|
|
Coupon Type: |
Compounding |
| Compounding Frequency Details: |
Annually |
|
If secured, provide complete details regarding the assets secured/ Hypothecated/Mortgaged etc.: |
Secured by first pari-passu charge on total receivables of the Company (excluding those receivables on which specific charge already created) along with first paripassu charge on immovable property situated at Guindy,Chennai. |
