Please Find below the Final
term sheet of Housing & Urban Develpoment Corporation Ltd. (HUDCO) Primary
issue:
Issue
|
HUDCO
Series (A) Taxable Bonds
|
Issue
Size
|
Rs.200
Crores with an option to retain green shoe option
|
Issue
Price per bond
|
Rs. 10
Lakhs per Bond (Ten Lakhs)
|
Market
Lot
|
1 Bond
|
Issue
Price
|
At Par
|
Minimum
Application
|
Application
should be for minimum of ten (10 ) bonds and thereafter in multiples of one
(1) bond
|
Application
Money
|
100% of
total value of Bondsapplied along with application form
|
Security
|
Unsecured,
redeemable non convertible bonds
|
Rating
|
AA+ by
CARE & FITCH
|
Maturity/Tenor
|
5 years
with put/call option after 3 years from the date of allotment.
|
Coupon
Rate
|
8.92%
p.a.
|
Coupon
Payment
|
Annual
|
Issue
Opening Date
|
16/10/2012
|
Issue
Closing Date
|
19/10/2012
|
Pay-in
Dates
|
16/10/2012
to 19/10/2012
|
Date of
Allotment
|
02/11/2012
|
Record
Date
|
The
record date for interest payment and for the redemption of the bonds will be
a day immediately preceding book closure prior i.e., 15 days prior to the
interest payment/redemption date. Interest payment/repayment will be
made to the bond holders as appearing in the beneficiary position on the
record date.
|
Interest
on application money
|
Interest
shall be payable at the coupon rate from the date of realization of the
cheque/draft till one day prior to the date of allotment.
|
Issue
objects
|
To
augment resource base of the corporation
|
Form of
Issuance/Trading
|
In demat
mode only
|
Listing
|
Proposed
on the WDM segment of National Stock Exchange
|
Trustee
|
SBICAP
Trustee Company Limited.
|
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