Private Placement -13.75% Peninsula Land Ltd & First Leasing Co
Enclosed please find the Company Highlights and Issue details for Private Placement of “Peninsula Land LTD”
Issuer
Peninsula Land Limited (‘the Issuer’/ ‘the Company’/ ‘the Borrower’/ ‘PLL’)
Instrument
Secured Redeemable Non-Convertible Debentures (‘NCD’/ ‘Debentures’)
Credit Rating
“A“ by ICRA
Tenor (Door to Door)
2 Years (24 months)
3 Years (36 months)
5 Years (60 months)
Put / Call Option
None
None
None
Redemption
At par in 2 equal half yearly installments starting from the end of 18th month from the deemed date of allotment
At par in 4 equal half yearly installments starting from the end of 18th month from deemed date of allotment
At par in 5 equal half yearly installments starting from the end of 36th month from deemed date of allotment.
Coupon Rate
13.25 % p.a.
13.75 % p.a.
13.75 % p.a.
Coupon payment frequency
Annual
Annual
Annual
Enclosed please find the Issue details & Financing Term sheet for Private Placement of “First Leasing Company of India LTD”
Summary:
Particulars
Terms
Credit rating
“BWR AA” by Brickworks & “CARE AA-“ by CARE
Face Value/Issue Price
Rs 1,00,000/- (Rs One Lakh) per NCD
Tenor/Maturity
7 years
Coupon Rate
12.10 % p.a.
Interest Payment Frequency
Annual
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