Municipal Corporation BONDS

NAME

INDORE MUNICIPAL CORPORATION SERIES-I JUNE 2028

ISSUER NAME

INDORE MUNICIPAL CORPORATION

DESCRIPTION

SECURED, NON CONVERTIBLE, REDEEMABLE BONDS IN THE NATURE OF DEBENTURES

ISSUE TYPE

NON-CONVERTIBLE DEBENTURES/BONDS

ISSUE SIZE (CRORES)

100.00 WITH GREEN SHOE OPTION OF 70.00

BIDDING START DATE

28-06-2018

BIDDING STOP DATE

28-06-2018

VALUE RANGE (CRORES)

0.50 - ANY. STEP SIZE 0.10

DATE OF ALLOTMENT

29-06-2018

PAY-IN-DATE

29-06-2018

TENOR

10 Yrs

RATING

BWK AA(SO) , ACUITE (FORMERLY KNOWN AS SMERA) AA(SO)

REDEMPTION DATE

At par, in equal staggered redemption respectively at the end of 7th, 8th, 9th& 10th year respectively from Date of Allotment i.e. June 27, 2025, June 29, 2026, June 29, 2027, June 29, 2028

INTEREST PAYMENT FREQUENCY

HALF YEARLY

INTEREST PAYMENT DATE

June 29 and December 29 of every year