Instrument Description (Long): |
9.50% SECURED RATED LISTED REDEEMABLE NON COVNERTIBEL DEBENTURES. TRANCHE I OPTION III. DATE OF MATURITY 07/06/2023 |
Instrument Description(short): |
JM FINANCIAL CREDIT SOLUTIONS LIMITED TR 1 OPT III 9.5 NCD 07JU23 FVRS1000 |
ISIN: |
INE651J07606 |
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Type of Instrument: |
Debentures |
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Face Value (per instrument):: |
1000 |
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: |
9.50% |
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Details of Variable Coupon Rate: |
N.A. |
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): |
1000 |
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Issue Size (in Crores): |
365.314 |
Series (if any): |
TRANCHE 1 OPTION III |
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Total Allotment Quantity: |
3653143 |
Whether bonds/debentures fall under Infrastructure category as per Government notification: |
No |
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Date of Allotment: |
07-Jun-2018 |
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Tenure of the instrument at the time of Issuance: |
Year
:
5
Months
:
0
Days
:
0
|
|
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Frequency of Interest Payment with specified dates: |
ANNUALLY ON 07-JUN-19, 08-JUN-20, 07-JUN-21, 07-JUN-22 AND 07-JUN-23 |
Scheduled Opening Date: |
28-May-2018 |
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Put Option with specified dates: |
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Scheduled Closing Date: |
20-Jun-2018 |
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Call Option with specified dates: |
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Actual Closing Date: |
29-May-2018 |
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Redemption Date/Last Conversion Date: |
07-Jun-2023 |
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Defaulted in Redemption: |
Not Applicable |
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If guaranteed, provide complete details regarding the Guarantee: |
N.A. |
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Redemption Premium Details: |
N.A. |
Step up / Step down coupon basis: |
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Step up / Step down details: |
N.A. |
Indicate whether Put option will be exercised at Discount/Premium/Par: |
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Put option details: |
N.A. |
Indicate whether Call option will be exercised at Discount/Premium/Par: |
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Call option details: |
N.A. |
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: |
N.A. |
Type of Convertibility - B: |
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Coupon Type: |
Simple |
Compounding Frequency Details: |
N.A. |
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If secured, provide complete details regarding the assets secured/ Hypothecated/Mortgaged etc.: |
THE TRANCHE 1 NCDs BEING ISSUED UNDER THE SHELF PROSPECTUS SHALL BE SECURED THROUGH A FIRST PARI PASSU CHARGE/MORTGAGE/HYPOTHECATION OVER PORTIONS OF IDENTIFIED MOVABLE AND IMMOVABLE PROPERTY |