L&T INFRA BOND TRANCHE 1

TERM SHEET –"L & T INFRASTRCUTURE BONDS TRANCHE I" U/S 80 CC F

Issuer Larsen & Turbo Infrastructure Finance Company Limited

Face Value Rs. 1,000

Minimum Application Rs.5000 & in multiple of Rs.1000 there after.

Rating AA+ by CARE & ICRA

Security Exclusive 1st charge on receivables of the company being one time of the

issue size along with mortgage of an immovable property.

Listing BSE

Debenture Trustee Bank of Maharashtra

Depositories National Securities Depository Limited and Central Depository Services

(India) Limited

Registrar Sharepro Services Private Limited

Mode of Payment Electronic Clearing Services , At par cheques & Demand drafts

Issuance Dematerialized form or Physical form* as specified by an Applicant in the

Application Form.

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

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

Issue Opening Date November 25, 2011

Issue Closing Date December 24, 2011

Maturity Date 10 years from the Deemed Date of Allotment

Buyback Date Date falling 5 /7 years and one day from the Deemed Date of Allotment

Put/Call Option None

SPECIFIC TERMS FOR EACH SERIES OF TRANCHE 1 BONDS

 

Series	1	2
Frequency of Interest payment	Annual	Cumulative
Face Value per Tranche 1 Bond	Rs. 1,000	Rs. 1,000
Buyback Facility	Yes	Yes
Buyback Amount	Rs. 1,000 per Tranche 1 Bond	1,538.62 at the end of 5 years / 1,828.04 at the end of 7 years
Buyback Intimation Period	The period commencing from 6 months preceding the relevant Buyback Date and ending 3 months prior to such Buyback Date	The period commencing from 6 months preceding the relevant Buyback Date and ending 3 months prior to such Buyback Date
Interest Rate	9% p.a	9% p.a. compounded annually
Maturity Amount	Rs. 1,000 per Tranche 1	Bond Rs. 2,367.36 per Tranche 1 Bond
Yield on Maturity	9%	9% compounded annually
Yield on Buyback	9%	9% compounded annually

 

 

 

 

FORM

 

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