Showing posts with label PFC. Show all posts
Showing posts with label PFC. Show all posts

Friday, December 30, 2011

PFC Tax-Free Bonds Tranche - 1 - Dec 2011 : Key Information


  • The size of the issue is aggregating up to Rs. 1,000 Crore with an option to retain over-subscription upto the Shelf Limit (i.e. Rs 4033.13 Crore).
  • Nature of Indebtedness :The claims of the Bondholders shall rank pari passu with other secured creditors having a charge over the on the book debts of the company and/or identified immovable property as may be agreed between the Company and the Debenture Trustee, pursuant to the terms of the Debenture Trust Deed and such claims shall be superior to the claims of any unsecured creditors.
  • The Bonds will be issued in Demat mode only.