Product Note – PFC Tax Free Bond Issue Date 14 to 21 Dec 2012
PFC Ltd has launched its Tax Free Bond Issue of Rs. 1000 Cr. with right to retain over Subscription upto 4590 Cr.
|Issuer||Power Finance Corporation Ltd (PFC)|
|Issue Open||14 Dec. 2012|
|Issue Close||21 Dec., 2012|
|Nature of Instrument||Secure|
|Credit Rating||ICRA – AAA, CRISIL – AAA/stable|
|Option to retain oversubscription||Upto shelf limit – 4590 Cr|
|Issuance||D’mat Form or physical form|
|Trading||D’mat Form only|
|Option||Series I||Series II|
|Frequency of Interest Payment||Annual||Annual|
|Minimum Application||5 Bond||5 Bond|
|in multiple of||1 Bond||1 Bond|
|Coupon Rate (%) Category I – II – III||7.19%||7.36%|
|Additional Coupon Rate for Category IV||0.50%||0.50%|
|Aggregate Coupon Rate for Category IV||7.69%||7.86%|
|Tenor||10 Years||15 Years|
*Allotment is on First Come First Serve Basis.
- Self attested copy of Pan Card
- Self attested copy of Address Proof (Valid)
- Self attested copy cancelled Cheque of the bank account to which the amount pertaining to payment of refunds, Interest and Redemption , as applicable, should be credited.