Instrument Description (Long): |
9.30% UNSECURED REDEEMABEL NON CONVERTIBLE SUBORDINATED DEBENTURES. SERIES II. LETTER OF ALLOTMENT. DATE OF MATURITY 08/11/2022 |
Instrument Description(short): |
SREI EQUIPMENT FINANCE LTD SR-II 9.3 LOA 08NV22 FVRS1000 |
ISIN: |
INE881J08581 |
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Type of Instrument: |
Debentures |
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Face Value (per instrument):: |
1000 |
Whether Secured or Unsecured: |
Unsecured |
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Coupon Basis: |
Fixed Interest |
Whether Guaranteed or Partially Guaranteed: |
Not guaranteed |
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Coupon Rate: |
9.30% |
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|
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Details of Variable Coupon Rate: |
NA |
Seniority in Repayment: |
Subordinate Tier 2 |
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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 |
|
|
Issue Size (in Crores): |
150.533 |
Series (if any): |
II |
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Total Allotment Quantity: |
1505330 |
Whether bonds/debentures fall under Infrastructure category as per Government notification: |
No |
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Date of Allotment: |
08-Aug-2017 |
|
|
Tenure of the instrument at the time of Issuance: |
Year
:
5
Months
:
3
Days
:
0
|
|
|
Frequency of Interest Payment with specified dates: |
ANNUAL 01-APR-18, 01-APR-19, 01-APR-20, 01-APR-21, 01-APR-22 AND 08-NOV-22 |
Scheduled Opening Date: |
17-Jul-2017 |
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Put Option with specified dates: |
|
Scheduled Closing Date: |
31-Jul-2017 |
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Call Option with specified dates: |
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Actual Closing Date: |
31-Jul-2017 |
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Redemption Date/Last Conversion Date: |
08-Nov-2022 |
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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: |
NA |
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Redemption Premium Details: |
NA |
Step up / Step down coupon basis: |
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Step up / Step down details: |
NA |
Indicate whether Put option will be exercised at Discount/Premium/Par: |
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Put option details: |
NA |
Indicate whether Call option will be exercised at Discount/Premium/Par: |
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Call option details: |
NA |
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: |
NA |
Type of Convertibility - B: |
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Coupon Type: |
Simple |
Compounding Frequency Details: |
NA |
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If secured, provide complete details regarding the assets secured/ Hypothecated/Mortgaged etc.: |
NA |