PFC TAX FREE BONDS...ISSUE OPENS FOR INVESTORS

Issue Opens 14/12/2012
Issuer	Power Finance Corporation Limited (PFC)
Issue Size	Rs. 100 cr. with an option to retain oversubscription of upto Rs. 3890.25 cr.
In-strument	Secured Tax-Free Redeemable Non-Convertible Non-Cumulative Bonds
Tax Benefits	The income by way of interest will be entitled to exemption from income tax under section 10 (15) (iv) (h) of Income Tax Act, 1961
Instrument Form	Both in Physical & dematerialized form
Security	Pari-passu first charge over the infrastructure assets of the Company
Credit Rating	“Crisil AAA” by CRISIL, "ICRA AAA" by ICRA
Face Value/ Issue Price	Rs. 1,000/- Per Bond
Minimum Subscription	5 Bond (Rs. 5,000/-) and in multiples of 1 Bond (Rs. 1,000/-) thereafter
Option	Option –I		Option –II
Tenure	10 Years		15 Years
Put & Call Option	None		None
Maturity/ Redemption	At par on the expiry of 10th Year from the Deemed Date of Allotment		At par on the expiry of 15th Year from the Deemed Date of Allotment
Coupon Rate	6.88%p.a.		7.04%p.a.
Additional Coupon Rate for Retail Category *	0.50% p.a		0.50%p.a
Coupon For Retail	7.38%		7.54%
Listing	Bombay Stock Exchange (BSE)
Issue Opens	18/02/2013	Issues Closes		15/03/2013
·         Retail Category: - Individual investor investing Rs.5000/- to Rs.10, 00,000/-(both inclusive).
·         Allotment on First Cum first basis.