10.75% (HOLDERS WHO FALL IN CATEGORY III ON ANY RECORD DATE SHALL RECEIVE AN ADDITIONAL INCENTIVE ON COUPON @ 0.25% p.a.) SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURE. SERIES V. LETTER OF ALLOTMENT. DATE OF MATURITY 28/07/2020
Instrument Description(short):
SREI EQUIPMENT FINANCE LIMITED SR-V 10.75 LOA 28JL20 FVRS1000
ISIN:
INE872A07TU9
Type of Instrument:
Debentures
Face Value (per instrument)::
1000
Whether Secured or Unsecured:
Secured
Coupon Basis:
Fixed Interest
Whether Guaranteed or Partially Guaranteed:
Not guaranteed
Coupon Rate:
10.75%
Details of Variable Coupon Rate:
N.A.
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):
48.561
Series (if any):
SERIES V
Total Allotment Quantity:
485614
Whether bonds/debentures fall under Infrastructure category as per Government notification:
No
Date of Allotment:
28-Jul-2015
Tenure of the instrument at the time of Issuance:
Year
:
5
Months
:
0
Days
:
0
Frequency of Interest Payment with specified dates:
ANNUAL ON 01 APR STARTING 01-APR-16 TILL 01-APR-20 AND ON 28-JUL-20
Scheduled Opening Date:
01-Jul-2015
Put Option with specified dates:
Scheduled Closing Date:
20-Jul-2015
Call Option with specified dates:
Actual Closing Date:
20-Jul-2015
Redemption Date/Last Conversion Date:
28-Jul-2020
Defaulted in Redemption:
Not Applicable
If guaranteed, provide complete details regarding the Guarantee:
N.A.
Redemption Premium Details:
N.A.
Step up / Step down coupon basis:
Step up / Step down details:
N.A.
Indicate whether Put option will be exercised at Discount/Premium/Par:
Put option details:
N.A.
Indicate whether Call option will be exercised at Discount/Premium/Par:
Call option details:
N.A.
Whether Debentures/Bonds are perpetual in nature:
No
Indicate whether the instrument is rated:
Yes
Type of Convertibility - A:
Non Convertible
Convertibility details:
N.A.
Type of Convertibility - B:
Coupon Type:
Simple
Compounding Frequency Details:
N.A.
If secured, provide complete details regarding the assets secured/ Hypothecated/Mortgaged etc.:
THE PRINCIPAL AMOUNT OF THE NCD TO BE ISSUED IN TERMS OF THIS TRANCHE 2 PROSPECTUS TOGETHER WITH ALL INTEREST DUE ON THE NCD IN RESPECT THEREOF SHALL BE SECURED BY WAY OF FIRST CHARGE IN FAVOUR OF THE DEBENTURE TRUSTEE ON AN IDENTIFIED IMMOVABLE PROPERTY AND/OR ON SPECIFIC FUTURE RECEIVABLES/ ASSETS OF THE COMPANY AS MAY BE DECIDED MUTUALLY BY THE COMPANY AND THE DEBENTURE TRUSTEE COMPANY WILL CREATE APPROPRIATE SECURITY IN FAVOUR OF THE DEBENTURE TRUSTEE ..CONTACT ISSUER FOR FURTHER DETAILS
