Instrument Description (Long): |
8.66% (IN CASE THE BONDS ARE HELD BY CATEGORY I, II AND III INVESTORS (NON-RETAI INVESTORS) THE COUPON RATE SHALL BE REDUCED BY 25BPS) SECURED REDEEMABLE NON-CONVERTIBLE BONDS 2013-14. TRANCHE II. SERIES 1B. LETTER OF ALLOTMENT. DATE OF MATURITY 22/01/2024 |
Instrument Description(short): |
INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED 8.66 BD 22JN24 FVRS1000 LOA UPTO 20AP14 |
ISIN: |
INE787H07354 |
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Type of Instrument: |
Bonds |
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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: |
8.66% (REFER REMARKS) |
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|
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Details of Variable Coupon Rate: |
8.66% IN CASE THE BONDS ARE HELD BY CATEGORY I, II AND III INVESTORS (NON-RETAI INVESTORS) THE COUPON RATE SHALL BE REDUCED BY 25BPS |
Seniority in Repayment: |
Senior |
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Day Count Convention: |
Actual/actual |
Whether tax free: |
Yes |
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Mode of Issue: |
Public Issue |
If Tax free - Section of The Income Tax Act,1961: |
Under Section 10(15)(iv)(h) |
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Issue price (per instrument): |
1000 |
|
|
Issue Size (in Crores): |
426.134 |
Series (if any): |
TRANCHE-II 1B |
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Total Allotment Quantity: |
0 |
Whether bonds/debentures fall under Infrastructure category as per Government notification: |
No |
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Date of Allotment: |
22-Jan-2014 |
|
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Tenure of the instrument at the time of Issuance: |
Year
:
10
Months
:
0
Days
:
0
|
|
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Frequency of Interest Payment with specified dates: |
ANNUAL ON 22ND JANUARY EVERY YEAR STARTING FROM 22.01.2015 TILL 22.01.2024 |
Scheduled Opening Date: |
09-Dec-2013 |
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Put Option with specified dates: |
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Scheduled Closing Date: |
10-Jan-2014 |
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Call Option with specified dates: |
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Actual Closing Date: |
10-Jan-2014 |
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Redemption Date/Last Conversion Date: |
22-Jan-2024 |
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|
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Defaulted in Redemption: |
Not Applicable |
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|
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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: |
Step Down |
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Step up / Step down details: |
IN CASE THE SERIES 1B, SERIES 2B AND SERIES 3B BONDS ARE HELD BY CATEGORY I, II AND III INVESTORS, THE COUPON RATE SHALL BE REDUCED BY 25bps. |
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.: |
SECURITY TO BE CREATED AS ON DATE. THE SECURITY SHALL BE CREATED ON ALL RIGHTS, TITLE, INTEREST, BENEFIT, CLAIMS AND DEMANDS WHATSOEVER NATURE PRESENT AND FUTURE, TO THE EXTENT OF A MINIMUM OF 100% SECURITY COVER FOR THE AMOUNTS OUTSTANDING AS PER THE TERMS OF THE TRANSACTION DOCUMENTS. |