Issue Type: Public Issue of Tax Free Secured Redeemable Non-Convertible Bonds issued by Power Finance Corporation Ltd (TAX FREE PFC Bonds).
Opening Date of Issue: December 14, 2012
Closing Date of Issue: December 21, 2012
Issuances: In dematerialized form and physical form*
>>> DOWNLOAD Application form of Power Finance Corporation Bond – PFC Bonds: || CLICK HERE ||
Issue Structure:
Issuer: Power Finance Corporation Limited (PFC)
Issue Size: Rs. 1000 cr. with an option to retain oversubscription of upto Rs. 4590 Cr
Instrument: Secured Tax-Free Redeemable Non-Convertible Non-Cumulative Bonds
Tax Benefits: The income by way of interest will be entitled to exemption from income tax under section 10 (15) (iv) (h) of Income Tax Act, 1961
Instrument Form: Both in Physical & dematerialized form
Security: Pari-passu first charge over the infrastructure assets of the Company
Credit Rating: “Crisil AAA” by CRISIL, “ICRA AAA” by ICRA
Face Value/ Issue Price: Rs. 1,000/- Per Bond
Minimum Subscription: 5 Bond (Rs. 5,000/-) and in multiples of 1 Bond (Rs. 1,000/-) thereafter
Option: Option –I Option –II
Tenure: 10 Years 15 Years
Put & Call Option: None None
Maturity/ Redemption: At par on the expiry of 10th/15th Year from the Deemed Date of Allotment
Coupon Rate: 7.19%p.a. 7.36%p.a.
Additional Coupon Rate 0.50% p.a 0.50%p.a
for Retail Category *
Coupon For Retail: 7.69% p.a. 7.86% p.a.
Listing: Bombay Stock Exchange (BSE)
- Retail Category:-Individual investor investing Rs.5000/- to Rs.10, 00,000/-(both inclusive).
Source: Prospectus Tranche
>>> PFC Bond Application form - >> DOWNLOAD HERE <<
Disclaimer: “Invest only after referring to final prospectus”.
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- Use of our website confirms your acceptance to the terms and conditions related to the Issue as provided in the Draft Shelf Prospectus of Power Finance Corporation Limited bonds and Prospectus Tranche (referred as the “Prospectus”). You also confirm that you are eligible to make an application for the Issue and the decision to invest in the Issue is based on your own discretion and your examination of the Issuer and the Issue and based on disclosures made in the Prospectus.
Dear NRIs,
