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Bond Directory / POWER FINANCE CORPORATION LTD.

POWER FINANCE CORPORATION LTD.

DELETED

10.85% Unsecured Redeemable , Non convertible , Non Cumulative Taxable bonds in the nature of debentures Series XLIX-B .Letter of Allotment Date of Maturity: 11/08/2018

ISIN

INE134E08AY6

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Essentials

Coupon Rate (Returns)

10.85%

Rating

AAA  ICRA LIMITED

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity after

-3 years -3 months

Aug 11, 2018

Face Value

₹10,00,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

-

Issue Price

₹10,00,000

Security class

Bond

Listing details

NSE & BSE

Debenture Trustee

IDBI TRUSTEESHIP SERVICES LTD.

Issue

Private

Issuer Details

POWER FINANCE CORPORATION LTD.

Business Sector

Finance

Issuer Nature type

NBFC

Issuer Ownership

Public Sector Undertaking (PSU)

Factors

Rating Category*

AAA

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

*Rating Agency -ICRA LIMITED

Factors

Rating Category*

AAA

Tax Saving

No

Issue Type

Private

Coupon Type

Simple

*Rating Agency - ICRA LIMITED

Note: The listing of products above should not be considered an endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times.

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Credit Rating

Credit Rating

AAA

(Jul 04, 2016)

Instruments with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such instruments carry lowest credit risk.

Credit Outlook

Not Applicable

Not Applicable

Rating Watch

Not Applicable

Not Applicable

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Senior

Security with Collateral?

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SECURED

UNSECURED

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

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Demat details

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