Instrument Description (Long): |
8.75% Secured Non-Convertible Long term infrastructure Bond. Letter of Allotment. Tranche-I u/s 80CCF of IT 2011-12.Series- IV. Date of Maturity 21/11/2026 |
Instrument Description(short): |
POWER FINANCE CORPORATION LIMITED SR-IV 8.75 LOA 21NV26 FVRS5000 |
ISIN: |
INE134E07182 |
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Type of Instrument: |
Bonds |
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Face Value (per instrument):: |
5000 |
Whether Secured or Unsecured: |
Secured |
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Coupon Basis: |
Fixed Interest |
Whether Guaranteed or Partially Guaranteed: |
Not guaranteed |
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Coupon Rate: |
8.75% |
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Details of Variable Coupon Rate: |
- |
Seniority in Repayment: |
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Day Count Convention: |
Actual/actual |
Whether tax free: |
No |
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Mode of Issue: |
Public Issue |
If Tax free - Section of The Income Tax Act,1961: |
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Issue price (per instrument): |
5000 |
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Issue Size (in Crores): |
7.772 |
Series (if any): |
Infrastructure Bonds (2011-12) Series - IV |
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Total Allotment Quantity: |
17666 |
Whether bonds/debentures fall under Infrastructure category as per Government notification: |
Yes |
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Date of Allotment: |
21-Nov-2011 |
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Tenure of the instrument at the time of Issuance: |
Year
:
Months
:
Days
:
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Frequency of Interest Payment with specified dates: |
ON MATURITY |
Scheduled Opening Date: |
29-Sep-2011 |
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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 |
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Call Option with specified dates: |
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Actual Closing Date: |
04-Nov-2011 |
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Redemption Date/Last Conversion Date: |
21-Nov-2026 |
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Defaulted in Redemption: |
Not Applicable |
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If guaranteed, provide complete details regarding the Guarantee: |
Government of India |
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Redemption Premium Details: |
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Step up / Step down coupon basis: |
Step Down |
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Step up / Step down details: |
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Indicate whether Put option will be exercised at Discount/Premium/Par: |
Par |
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Put option details: |
One date being the date falling seven year and one day from the deemed date of allotment |
Indicate whether Call option will be exercised at Discount/Premium/Par: |
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Call option details: |
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Whether Debentures/Bonds are perpetual in nature: |
No |
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Indicate whether the instrument is rated: |
Yes |
Type of Convertibility - A: |
Non Convertible |
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Convertibility details: |
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Type of Convertibility - B: |
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Coupon Type: |
Compounding |
Compounding Frequency Details: |
Annually |
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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. |