Issue opens for
sbscription on May 9, 2014 and closes
on June 9, 2014 with an option for early
closure or extension by such period, which may be decided by the Board of Directors
of the Company or a duly constituted committee thereof
Srei Infrastructure
Finance Limited , the 25 year old trusted name in the infrastructure finance
segment, plans to enter the debt capital market on May 9, 2014 with a public
issue of Secured, Redeemable Non-Convertible Debentures (NCDs) of face value of
Rs 1,000 each for an amount up to Rs 75 crore, with an option to retain
over-subscription up to Rs 75 crore aggregating to a total of Rs 1,500 million
(“Issue”).
The NCD offers an
annualized return up to 12.00% p.a. with a Credit Rating of “CARE AA-” by CARE
and “BWR AA” by Brickwork indicating high degree of safety regarding timely
servicing of financial obligations.
The funds raised
through this Issue will be used for various financing activities, to repay
existing loans and our business operations including for our capital
expenditure and working capital requirements, subject to applicable statutory
and/or regulatory requirements.
ICICI Securities
Limited, A.K. Capital Services Limited, SPA Capital Advisors Limited and Srei
Capital Markets Limited are Lead Managers to the Issue. Karvy Investor Services
Limited, Integrated Enterprises (India) Limited, RR Investors Capital Services
Private Limited, SMC Capitals Limited and Bajaj Capital Limited are Co-Lead
Managers to the Issue. Axis Trustee Services Limited is the Debenture Trustee
to the Issue and Karvy Computershare Private Limited is Registrar to the Issue.
For Media Contact
U.Christopher
Charles,
Vice President,
Concept Public
Relations India Ltd,
Florida Towers, 1st
Floor,
138/30, Nelson
Manickam Road,
Chennai - 600 029.
Mob: 98424 75706,
Dir: 23743389.
Mail:
charles@conceptpr.com
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