TECHNOPOLIS, 7TH FLOOR, WING - A, PLOT NO - 4, BLOCK - BP, SECTOR - V, SALT LAKE, KOLKATA - 700091, WEST BENGAL.
Business Sector:
Name of the Compliance Officer/Company Secretary:
Mr. Shekhar Prabhudesai
Instrument details
Instrument Description (Long):
9% Secured Non-Convertible Long term Infrastructure Bond 2011B. Series-1. Date of Maturity 10/01/2022
Instrument Description(short):
L&T FINANCE LIMITED SR-1 9 BD 10JN22 FVRS1000
ISIN:
INE691I07265
Type of Instrument:
Bonds
Face Value (per instrument)::
1000
Whether Secured or Unsecured:
Secured
Coupon Basis:
Fixed Interest
Whether Guaranteed or Partially Guaranteed:
Not guaranteed
Coupon Rate:
9.00%
Details of Variable Coupon Rate:
-
Seniority in Repayment:
Senior
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):
1000
Issue Size (in Crores):
151.848
Series (if any):
Infra Bond 2011B Series 1
Total Allotment Quantity:
1518482
Whether bonds/debentures fall under Infrastructure category as per Government notification:
No
Date of Allotment:
10-Jan-2012
Tenure of the instrument at the time of Issuance:
Year
:
Months
:
Days
:
Frequency of Interest Payment with specified dates:
Annually on 10/01/2013,10/01/2014,12/01/2015,11/01/2016,10/01/2017,10/01/2018,10/01/2019,10/01/2020,
Scheduled Opening Date:
Put Option with specified dates:
Scheduled Closing Date:
Call Option with specified dates:
Actual Closing Date:
Redemption Date/Last Conversion Date:
10-Jan-2022
Defaulted in Redemption:
Not Applicable
If guaranteed, provide complete details regarding the Guarantee:
Credit Support Undertaking (CSU)
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:
Put option details:
Indicate whether Call option will be exercised at Discount/Premium/Par:
Call option details:
Whether Debentures/Bonds are perpetual in nature:
Yes
Indicate whether the instrument is rated:
Yes
Type of Convertibility - A:
Non Convertible
Convertibility details:
Type of Convertibility - B:
Coupon Type:
Simple
Compounding Frequency Details:
If secured, provide complete details regarding the assets secured/ Hypothecated/Mortgaged etc.:
Exclusive first charge on specific receivables of the Company with an asset cover of 1 time of the total outstanding amount of Bonds, as may be agreedbetween the Company and the Trustees for the Debenture holders and first pari-passu mortgage/charge on the leasehold rights on 300 sq.ft. undivided share of vacant land situated at Commander-in-Chief Road, Egmore, Chennai in the State of Tamil Nadu.