NATIONAL STOCK EXCHANGE OF INDIA LIMITED DEPARTMENT : WHOLESALE DEBT MARKET Download Ref. No: NSE/WDM/24557

Date : September 26, 2013

Circular Ref. No. : 674/2013 Dear Trading Members and Participants, Sub: Two Non-convertible Redeemable Debenture of Citicorp Finance (India) Limited Two Nifty Linked Bonds maturing in 2015 issued by Citicorp Finance (India) Private Limited, has been made available for trading on the WDM segment of the Exchange w.e.f. September 26, 2013 under the category of zero coupon bond. The detail of these bonds are enclosed in Annexure I. The total consideration and yield displayed on the trading system shall be indicative and derived from existing interest rate displayed in the coupon rate field. Trading Members and Participants are advised to refer to the detailed offer document by the company available at http://www.nseindia.com/corporates/offerdocument/recent_issue.htm on Exchange website > Citicorp Finance (India) Private Limited > Shelf Offer Document dated September 06, 2013 for Series- 495 and Shelf Offer Document dated September 12, 2013 for Series- 497 prior to executing any trade in these securities.

For and on behalf of National Stock Exchange of India Ltd. Suprabhat Lala Vice President

Toll free number

Fax No

Email id

1800 2200 53

+91-22-26598286/90

[email protected]

Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051

Page 1

Annexure I Sr.-495 Security Description

Citicorp Finance Nifty Linked RESET 2015 (Sr-495)

Sec Type

DC

Security Issue Date of Allotment Date of Redemption Issue Size (Rs. in lakhs) ISIN Face Value of each Debenture (in Rs.) Issue Price of each Debenture (in Rs.)

CITI15Y RESET 13-Sep-2013 13-Oct-2015

Rating

“PP-MLD [ICRA]AA+ (Stable)” rating assigned by ICRA as of August 22, 2013

Interest Period

The period, starting from the Deemed Date of Allotment to (i) the Redemption and Maturity Date (inclusive of both days) or (ii) the Call Option Exercise Date (inclusive of both days). No interest shall be payable between the Call Option Start Date and the date on which the Debentures are redeemed pursuant to the Call Option of the Issuer on the Call Option Exercise Date. If the Call Option is not exercised by the Issuer no interest shall be paid for the 30 calendar days prior to and including the Redemption and Maturity Date (inclusive of both days).

305 INE136E07QA9 1,00,000/1,00,000/-

Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051

Page 2

Reference Index Linked Return payable on Redemption Date and paid with the Redemption Amount:

Interest Payment Date

Call Option

The Reference Index Linked Return means only the interest due and payable on the Debentures and calculated as per the following: Reference Index Linked Return = Debenture Face Value* Reference Index Return Factor Reference Index Return Factor shall mean: A) If the Trigger Condition is satisfied, then the Reference Index Return Factor for the period between – a. The Deemed Date of Allotment and Call Option Start Date (inclusive of both days) shall be 10%. [The annualised interest payable on the Debentures on a simple interest basis may be computed by dividing the sum arrived at above by (Actual Days1/365)] b. One day after the Call Option Start Date and the (i) Call Option Exercise Date (if exercised) or (ii) Redemption and Maturity Date (inclusive of both days) shall be = 11.5% p.a. (simple interest) * Actual Days2/365 B) If the Trigger Condition is not satisfied, then the Reference Index Return Factor for the period between – a. the Deemed Date of Allotment and Call Option Start Date (inclusive of both days) shall be = Max[8.5%, 65% * {(Observation Value of the Reference Index / Start Reference Index Level) – 100%}] [The annualised interest payable on the Debentures on a simple interest basis may be computed by dividing the sum arrived at as per the formula provided above by (Actual Days1/365)] b. One day after the Call Option Start Date and the (i) Call Option Exercise Date (if exercised) or (ii) Redemption and Maturity Date (inclusive of both days) shall be = 11.5% p.a. (simple interest) * Actual Days2/365 Trigger Condition shall be satisfied if the Official Closing Level of Reference Index on any Observation Date from October 31, 2013 is at or above 125% Start Reference Index Level Observation Value of the Reference Index shall mean 1/3 * [Sum of Official Closing Level of Reference Index on (July 31, 2014, August 28, 2014, September 25, 2014)] Actual Days1 shall mean number of calendar days between Deemed Date of Allotment and the Call Option Start Date (inclusive of both days). Actual Days2 shall mean number of calendar days between one day after the Call Option Start Date and the Call Option Exercise Date or the day falling 30 days before the Redemption & Maturity Date (as the case may be)(inclusive of both days). Please note that no interest shall be payable between the Call Option Exercise Date and the date on which the Debentures are redeemed pursuant to the Call Option of the Issuer. If the Call Option is not exercised by the Issuer no interest shall be paid for the 30 calendar days prior to and including the Redemption and Maturity Date On the Redemption and Maturity Date or such prior date on which the Debenture is redeemed pursuant to the exercise of the Call Option subject to Business Day Convention The Issuer will have the option, to elect a Call Option Exercise Date and for the Debentures to be redeemed in full, on the Business Day falling 30 days after the Call Option Date

Call Option Start Date

September 26, 2014

Call Option Exercise Date

The Issuer may, (with one Business Day’s prior written notice) elect any Business Day between Call Option Start Date and 31 days prior to the Redemption and Maturity Date (inclusive of both days), to be the Call Option Exercise Date.

Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051

Page 3

Scheduled Valuation Date Valuation Agency

Option to retain oversubscription (Amount)

Put Option (Redemption at the Option of the Debenture Holders) Put Option Date Put Option Price Put Notification Time

One Business Day prior to the Redemption and Maturity Date or one Business Day prior to the date on which the Debenture is redeemed pursuant to exercise of the Call Option by the Issuer, subject to Business Day Convention ICRA Limited The Valuation Agency will publish a valuation on its website at least once every calendar week. The valuation shall be available on the website of the Valuation Agency at www.icra.in The Issuer will also make available, as soon as practicable, the valuation provided by the Valuation Agency on the website of the Issuer at www.citicorpfinance.co.in The cost of valuation shall be in the range of 0.05% p.a. to 0.15% p.a. and shall be borne by the Issuer The latest and historical valuations for the Debentures will be published on the website of the Issuer at www.icra.in and on the website of the Valuation Private and confidential (Not for public circulation) Page 8 of 86 Agency at www.citicorpfinance.co.in Upon request by any Debenture Holder for the valuation of the Debentures, the Issuer shall provide them with the latest valuation Yes. Upto an amount of Rs. 50,05,00,000/- (Rupees Fifty Crores and Five Lakhs Only)

Not Applicable

Sr.-497 Security Description

Citicorp Finance Nifty Linked RESET 2015 (Sr-497)

Sec Type

DC

Security Issue Date of Allotment Date of Redemption Issue Size (Rs. in lakhs) ISIN Face Value of each Debenture (in Rs.) Issue Price of each Debenture (in Rs.)

CITI15Z RESET 17-Sep-2013 17-Oct-2015

Rating

“PP-MLD [ICRA]AA+ (Stable)” rating assigned by ICRA as of August 22, 2013

Interest Period

The period, starting from the Deemed Date of Allotment to (i) the Redemption and Maturity Date (inclusive of both days) or (ii) the Call Option Exercise Date (inclusive of both days). No interest shall be payable between the Call Option Start Date and the date on which the Debentures are redeemed pursuant to the Call Option of the Issuer on the Call Option Exercise Date. If the Call Option is not exercised by the Issuer no interest shall be paid for the 30 calendar days prior to and including the Redemption and Maturity Date (inclusive of both days).

1105 INE136E07QB7 1,00,000/1,00,000/-

Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051

Page 4

Reference Index Linked Return payable on Redemption Date and paid with the Redemption Amount:

Interest Payment Date

Call Option

Call Option Start Date

The Reference Index Linked Return means only the interest due and payable on the Debentures and calculated as per the following: Reference Index Linked Return = Debenture Face Value * Reference Index Return Factor Reference Index Return Factor shall mean: A) If the Trigger Condition is satisfied, then the Reference Index Return Factor for the period between – Private and confidential (Not for public circulation) Page 6 of 86 a. The Deemed Date of Allotment and Call Option Start Date (inclusive of both days) shall be 11% [The annualised interest payable on the Debentures on a simple interest basis may be computed by dividing the sum arrived at above by (Actual Days1/365)] b. One day after the Call Option Start Date and the (i) Call Option Exercise Date (if exercised) or (ii) Redemption and Maturity Date (inclusive of both days) shall be = 11.5% p.a. (simple interest) * Actual Days2/365 B) If the Trigger Condition is not satisfied, then the Reference Index Return Factor for the period between – a. the Deemed Date of Allotment and Call Option Start Date (inclusive of both days) shall be = 10% [The annualised interest payable on the Debentures on a simple interest basis may be computed by dividing the sum arrived at as per the formula provided above by (Actual Days1/365)] b. One day after the Call Option Start Date and the (i) Call Option Exercise Date (if exercised) or (ii) Redemption and Maturity Date (inclusive of both days) shall be = 11.5% p.a. (simple interest) * Actual Days2/365 Trigger Condition shall be satisfied if the Official Closing Level of Reference Index on September 25, 2014 is at or above 115% Start Reference Index Level Start Reference Index Level shall mean Official Closing Level of Reference Index on Deemed Date of Allotment Actual Days1 shall mean number of calendar days between Deemed Date of Allotment and the Call Option Start Date (inclusive of both days). Actual Days2 shall mean number of calendar days between one day after the Call Option Start Date and the Call Option Exercise Date or the day falling 30 days before the Redemption & Maturity Date (as the case may be)(inclusive of both days). Please note that no interest shall be payable between the Call Option Exercise Date and the date on which the Debentures are redeemed pursuant to the Call Option of the Issuer. If the Call Option is not exercised by the Issuer no interest shall be paid for the 30 calendar days prior to and including the Redemption and Maturity Date On the Redemption and Maturity Date or such prior date on which the Debenture is redeemed pursuant to the exercise of the Call Option subject to Business Day Convention The Issuer will have the option, to elect a Call Option Exercise Date and for the Debentures to be redeemed in full, on the Business Day falling 30 days after the Call Option Date September 26, 2014

Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051

Page 5

Call Option Exercise Date

The Issuer may, (with one Business Day’s prior written notice) elect any Business Day between Call Option Start Date and 31 days prior to the Redemption and Maturity Date (inclusive of both days), to be the Call Option Exercise Date.

Scheduled Valuation Date

One Business Day prior to the Redemption and Maturity Date or one Business Day prior to the date on which the Debenture is redeemed pursuant to exercise of the Call Option by the Issuer, subject to Business Day Convention

Valuation Agency

Option to retain oversubscription (Amount) Put Option (Redemption at the Option of the Debenture Holders) Put Option Date Put Option Price Put Notification Time

ICRA Limited The Valuation Agency will publish a valuation on its website at least once every calendar week. The valuation shall be available on the website of the Valuation Agency at www.icra.in The Issuer will also make available, as soon as practicable, the valuation provided by the Valuation Agency on the website of the Issuer at www.citicorpfinance.co.in The cost of valuation shall be in the range of 0.05% p.a. to 0.15% p.a. and shall be borne by the Issuer The latest and historical valuations for the Debentures will be published on the website of the Issuer at www.icra.in and on the website of the Valuation Agency at www.citicorpfinance.co.in Upon request by any Debenture Holder for the valuation of the Debentures, the Issuer shall provide them with the latest valuation Yes. Upto an amount of Rs. 50,05,00,000/- (Rupees Fifty Crores and Five Lakhs Only)

Not Applicable

Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051

Page 6

national stock exchange of india limited - NSE

Sep 26, 2013 - are advised to refer to the detailed offer document by the company available at ... Toll free number. Fax No. Email id. 1800 2200 53.

273KB Sizes 0 Downloads 328 Views

Recommend Documents

national stock exchange of india limited - NSE
Mar 26, 2015 - of exclusively listed companies of MSE on Dissemination Board of NSE. MSE has forwarded 88 ... 10. BODHTREE. Bodhtree Consulting Limited. 11. BRAWNPHM ... FORECSOFT. Fore C Software Limited. 20. GERMAGARD.

national stock exchange of india limited - NSE
May 18, 2016 - 37 Financial Markets (Advanced) Module. 1500. 210 ... 43 Examination 5/Advanced Financial Planning. 5217 ... 52 Business Analytics Module.

national stock exchange of india limited - NSE
Apr 15, 2015 - Asset Management Company Limited (UTI-Fixed Term Income Fund Series XVIII ... Email id. +91-22-26598235/36, 8346. +91-22-26598237/38.

national stock exchange of india limited - NSE
Jun 9, 2015 - Financial Services Software Limited. In pursuance of Regulation 3.1.1 of the ... Name of the Company. Ambuja Cements Limited. Series. EQ.

national stock exchange of india limited - NSE
Aug 12, 2014 - Global Limited and Sri Adhikari Brothers Television Network Limited. In pursuance of ... Name of the Company. Ahmednagar Forgings Limited.

national stock exchange of india limited - NSE
Mar 23, 2016 - HDFC Asset Management Company Limited. Name of. Scheme ... Address of the Asset Management Company: ... Website: www.hdfcfund.com.

national stock exchange of india limited - NSE
Feb 18, 2014 - Series 29 ), ICICI Prudential Asset Management Company Limited (ICICI Prudential. Fixed Maturity Plan ... Website: www.dws-india.com.

national stock exchange of india limited - NSE
Sep 29, 2014 - Canara Robeco Asset Management Company Limited ... Address of the Asset Management Company: ... Website: www.canararobeco.com.

national stock exchange of india limited - NSE
Jun 22, 2015 - Sundaram Asset Management Company Limited ... Sundaram Trustee Company Limited. No.21, ... Website: www.sundarammutual.com.

national stock exchange of india limited - NSE
Dec 26, 2014 - Website: www.dws-india.com. Email: [email protected] Address of the ... Website: www.birlasunlife.com .... Email: [email protected]

national stock exchange of india limited - NSE
NSE/CML/31936. Date : March 10, 2016. Circular Ref.No.: 182/2016. To All Members ... Manager. Telephone No. Fax No. Email id. +91-22-26598235/36, 8346.

national stock exchange of india limited - NSE
Nov 26, 2014 - the designated security codes thereof shall be as specified in Annexure. ... Email id. +91-22-26598235/36, 8346. +91-22-26598237/38.

national stock exchange of india limited - NSE
Sep 2, 2015 - Limited, R. S. Software (India) Limited and VA Tech Wabag Limited. In pursuance of Regulation ... Name of the Company. Axis Bank Limited.

national stock exchange of india limited - NSE
Jun 22, 2015 - Email id. +91-22-26598235/36, 8346. +91-22-26598237/38 ... Direct. Growth. Units of Rs. 10/- each of. Sundaram. Mutual. Fund -. Sundaram.