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 ||
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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