| Instrument Description (Long): |
8.75% (FOR CATEGORY IV) SECURED NON CONVERTIBLE TRANCEH I SERIES IIB BONDS. DATE OF MATURITY 05/02/2029 |
| Instrument Description(short): |
NATIONAL HIGHWAYS AUTHORITY OF INDIA SR IIB 8.75 BD 05FB29 FVRS1000 |
| ISIN: |
INE906B07DF8 |
|
| 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: |
8.75% |
| |
|
|
Details of Variable Coupon Rate: |
N.A. |
| Seniority in Repayment: |
Senior |
|
Day Count Convention: |
Actual/actual |
| Whether tax free: |
Yes |
|
Mode of Issue: |
Public Issue |
If Tax free - Section of The Income Tax Act,1961:  |
Under Section 10(15)(iv)(h) |
|
Issue price (per instrument): |
1000 |
| |
|
Issue Size (in Crores): |
1189.807 |
| Series (if any): |
|
|
Total Allotment Quantity: |
11898075 |
| Whether bonds/debentures fall under Infrastructure category as per Government notification: |
No |
|
Date of Allotment: |
05-Feb-2014 |
| |
|
Tenure of the instrument at the time of Issuance: |
Year
:
15
Months
:
0
Days
:
0
|
| |
|
Frequency of Interest Payment with specified dates: |
ANNUALLY ON 15TH MARCH EVERY YEAR AND FINAL INTEREST AT THE TIME OF MATURITY |
| Scheduled Opening Date: |
15-Jan-2014 |
|
Put Option with specified dates: |
|
| Scheduled Closing Date: |
05-Feb-2014 |
|
Call Option with specified dates: |
|
| Actual Closing Date: |
05-Feb-2014 |
|
Redemption Date/Last Conversion Date: |
05-Feb-2029 |
| |
|
|
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 BONDS SHALL RANK PARI PASSU INTER-SE AND SHALL BE SECURED BY WAY OF FIRST PARI PASSU CHARGE ON FIXED ASSETS OF NHAI AS MENTIONED IN THE BOND TRUST DEED TO THE EXTENT OF 100% OF THE AMOUNTS OUTSTANDING IN RESPECT OF THE BONDS AT ANY TIME |
