IDFC Infrastructure Bonds Tranche-1 [2011-12 ]

by Chirag on November 23, 2011

in Bonds

IDFC is launching Infrastructure Bonds on November 21, 2011 under public issue of 2011 tranche 1 bonds of long term infrastructure bonds of face value of Rs. 5,000 each, in the nature of secured, redeemable, non-convertible debentures, having benefits under section 80CCF of the Income Tax act, 1961, not exceeding Rs. 5,000 Crore, to be issued at par on the terms contained in the Shelf Prospectus and this Prospectus – Tranche 1.

Issuer: Infrastructure Development Finance Company Limited

Issue of Tranche 1 Bonds: Public issue of first tranche of long term infrastructure bonds of face value of Rs. 5,000 each, in the nature of secured, redeemable, non-convertible debentures, having benefits under section 80CCF of the Income Tax act, 1961 (the “Tranche 1 Bonds”), not exceeding Rs. 50,000.0 million, to be issued at par on the terms contained in the Shelf Prospectus and this Prospectus – Tranche 1.

Face Value (Rs.): 5,000/-

Rating: “(ICRA)AAA” from ICRA & “Fitch AAA(ind)” from Fitch

Depositories: National Securities Depository Limited and Central Depository Services (India) Limited

Registrar: Karvy Computershare Private Limited

Lock-in Period: 5 years from the Deemed Date of Allotment

Trading: Dematerialized form only following expiry of the Lock-in Period

Maturity Date: 10 years from the Deemed Date of Allotment

Buyback Date: Date falling 5 years and one day from the Deemed Date of Allotment

Specific Term for each series:

IDFC Infra Bond for last financial year : Know More.

Contact Harish Soneji to subscribe to this bond – +91 9920328954 | Email – harish@investologic.com

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