Вы находитесь на странице: 1из 2

Term Sheet Housing and Urban Development Corporation Limited

Issuer Issue Opening Date Issue Closing Date Instrument Min Application Size Thereafter in multiples of Interest on Refund Interest on application money Credit Rating Issue Size Security Housing and Urban Development Corporation Limited January 27, 2012 February 6, 2012 Tax-Free Secured Redeemable Non-Convertible Bonds in the nature of Debentures Rs 10,000/Rs 1,000/4% p.a 8% p.a. Fitch AA+ (ind) by Fitch Limited CARE AA+ by CARE Rs. 2,000 Crore with an Green Shoe option (option to retain oversubscription) of up to Rs. 4,684.72 Crore The Bonds proposed to be issued are secured by a floating first pari-passu charge on present and future receivables of our Company to the extent of amount mobilized under the Issue. The Company reserves the right to create first pari-passu charge on present and future receivables for its present and future financial requirements. Series-I Series-II 10 Years 15 Years None None At par on the expiry of 10th Year At par on the expiry of 15th Year from the Deemed Date of from the Deemed Date of Allotment Allotment

Tranche Tenor Put Call Option Maturity/ Redemption

8.22% 8.35% 8.10% 8.20% The differential rate for retail investor shall be applicable only to the first allottee. In the event of Sale/Transfer by the original allottee of a retail Note: bond, the subsequent allottee will get the rates of the other investors category. Interest Payment Annual Annual Interest Payment Date The date, which is the day falling one year from the Deemed Date of Allotment in case of first interest payment and the same date, till the date of redemption for subsequent interest payments. Listing Proposed on BSE Ltd. (BSE) and National Stock Exchange of India Ltd. (NSE). The Designated Stock Exchange for the Issue is NSE Trustee SBI Capital Trustee Company Limited Issue shall remain open for subscription for a minimum of3 days or such extended period upto a maximum period of 30 days from the date of opening of the Issue. In case of early closure, HUDCO shall ensure that public notice of such early closure is published on or before theday of such early date of closure through advertisement/s in a leading national daily newspaper.

Annual Coupon Retail Investors (Category III) Other Investors (Category I & II)

Investor Categories
Category I
Public Financial Institutions, Statutory Corporations, Commercial Banks, Cooperative Banks and Regional Rural Banks, which are authorised to invest in the Bonds; Provident Funds, Pension Funds, Superannuation Funds and Gratuity Fund, which are authorised to invest in the Bonds; Insurance companies registered with the IRDA; National Investment Fund; Mutual Funds; Foreign Institutional Investors (including sub-accounts) Companies; bodies corporate and societies registered under the applicable laws in India and authorised to invest in the Bonds; Registered trusts which are authorised to invest in the Bonds; Scientific and/or industrial research organisations, which are authorised to invest in the Bonds; Partnership firms in the name of the partners; and Limited liability partnerships formed and registered under the provisions of the Limited Liability Partnership Act, 2008 (No. 6 of 2009). 45% of issue size

Category II
The following investors applying for an amount aggregating to above Rs. 5 lakhs across all series in each tranche Resident Indian individuals; Non Resident Indians on repatriation as well as nonrepatriation basis.

Category III
The following investors applying for an amount aggregating to up to and including Rs. 5 lakhs across all series in each tranche Resident Indian individuals; Non Resident Indians on repatriation as well as nonrepatriation basis.

25% of issue size

30% of issue size

Вам также может понравиться