Primary issue of Private Placement Bond of IDFC Ltd.
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Issuer
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IDFC
Ltd. (IDFC OPP 2 2013)
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Issue Size
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Rs. 50 crores plus greenshoe
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Instrument
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Secured Redeemable Non-Convertible Debentures
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Seniority
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First pari-passu
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Credit Rating
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"ICRA (AAA)"
from ICRA and "IND AAA" from India Ratings
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Face Value/Issue Price
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10,00,000/- per Bond
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Minimum Application Size
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1 Bond (One Bond) in multiples of One Bond thereafter
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Tenor
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5 years from the Deemed date of Allotment
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Put/Call Option
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NA
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Coupon Rate
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9.00% (Annual)
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Interest Frequency
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January 24, 2014, January 24,
2015, January 24, 2016, January 24, 2017, January 24, 2018
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Redemption
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25% of Face Value on January 24,
2015
25% of Face Value on January 24, 2016 25% of Face Value on January 24, 2017 25% of Face Value on January 24, 2018 |
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Interest on application money
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The Interest on
Application shall be paid from the date of realization of the funds upto one
day prior to the Deemed Date of Allotment. For further details please refer
to the section "Interest on Application Money" " in the Shelf
Disclosure Document.
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Eligible Investors
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Registered
Pension Fund, Registered Provident Fund, Registered Superannuation Fund or Registered Gratuity
Fund and or any other person(s) who are authorized to invest (subject to
confirmation from the Issuer) and who are specifically addressed through
direct communication by or on behalf of the Company are eligible to apply for
the Debentures. An application ,made by any other person will be deemed as an
invalid application and rejected.
Note: Each of
eligible investor(s) is required to check and comply with extant
rules/regulations/
guidelines, etc. governing or regulating their investments as issued by their
respective regulatory authorities, and the Company is not, in any way,
directly or indirectly, responsible for any statutory or regulatory breaches
by any investor, neither is the Company required to check or confirm the
same.
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Listing
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Proposed on the NSE. The Issue will be
listed on Wholesale Debt Market Segment on the NSE within 15 Days from the
Deemed Date of Allotment
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Issue Opening Date
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January 01, 2013
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Issue Closing Date
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January 21, 2013
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Pay in Date
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January 01, 2013 to January 21, 2013
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Deemed Date of
Allotment
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January 24, 2013
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