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):
8.70% Secured Non-Convertible Long term Infrastructure Bond 2012A Series-1. Date of Maturity 24/03/2022
Instrument Description(short):
L&T FINANCE LIMITED SR-1 8.7 BD 24MR22 FVRS1000
ISIN:
INE691I07299
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:
8.70% p.a.(Fixed)
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):
121.293
Series (if any):
Public issue infra bonds 2012A Series 1
Total Allotment Quantity:
1212931
Whether bonds/debentures fall under Infrastructure category as per Government notification:
Yes
Date of Allotment:
24-Mar-2012
Tenure of the instrument at the time of Issuance:
Year
:
Months
:
Days
:
Frequency of Interest Payment with specified dates:
ANNUALLY ON 25/03/2013,24/03/2014,24/03/2015,24/03/2016,24/03/2017,26/03/2018,25/03/2019,24/03/2020,
Scheduled Opening Date:
10-Jan-2012
Put Option with specified dates:
Scheduled Closing Date:
11-Feb-2012
Call Option with specified dates:
Actual Closing Date:
11-Feb-2012
Redemption Date/Last Conversion Date:
24-Mar-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:
No
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.