Instrument Description (Long): |
7.39% SECURED REDEEMABLE TAX FREE NON CONVERTIBLE BONDS IN THE NATURE OF DEBENTURES. SERIES IB. DATE OF MATURITY 11/01/2026 |
Instrument Description(short): |
NATIONAL HIGHWAYS AUTHORITY OF INDIA SR IB 7.39 BD 11JN26 FVRS1000 |
ISIN: |
INE906B07EH2 |
|
Type of Instrument: |
Bonds |
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Face Value (per instrument):: |
1000 |
Whether Secured or Unsecured: |
Secured |
|
Coupon Basis: |
Fixed Interest |
Whether Guaranteed or Partially Guaranteed: |
Not guaranteed |
|
Coupon Rate: |
7.39% |
|
|
|
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): |
655.76 |
Series (if any): |
NHAI- IB |
|
Total Allotment Quantity: |
0 |
Whether bonds/debentures fall under Infrastructure category as per Government notification: |
No |
|
Date of Allotment: |
11-Jan-2016 |
|
|
Tenure of the instrument at the time of Issuance: |
Year
:
10
Months
:
0
Days
:
0
|
|
|
Frequency of Interest Payment with specified dates: |
ANNUALLY ON 01 APR STARTING 01-APR-16 TILL MATURITY |
Scheduled Opening Date: |
17-Dec-2015 |
|
Put Option with specified dates: |
|
Scheduled Closing Date: |
31-Dec-2015 |
|
Call Option with specified dates: |
|
Actual Closing Date: |
31-Dec-2015 |
|
Redemption Date/Last Conversion Date: |
11-Jan-2026 |
|
|
|
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.: |
MORTGAGE OVER THE PROPERTY OF NHAI SITUATED AT AHMEDABAD ALONG WITH FIXED ASSETS OF NHAI BEING HIGHWAY PROJECTS COMPRISING OF ALL SUPERSTRUCTURES INCLUDING HIGHWAY LIGHTINGS, ROAD BARRIERS AND DIVIDERS, BRIDGES, CULVERTS AND ALL OTHER SUPER STRUCTURES CONSTRUCTED ON NATIONAL HIGHWAY EXCEPT THOSE UNDER THE SURAT-MANOR TOLLWAY PROJECT ENTRUSTED TO NHAI WITH A MINIMUM SECURITY COVER OF ONE TIME OF THE AGGREGATE FACE VALUE AMOUNT OF BONDS OUTSTANDING AT ALL TIMES |