Get 13.00%p.a. Fixed Interest from primary issue of Religare Finvest NCDs

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We are pleased to provide you an opportunity to invest in the primary issue of Non-Convertible Debentures (NCDs) by Religare Finvest Ltd (RFL). The bond carries an attractive coupon rate of 13.00% p.a. with interest payable annually, which is available at par (at face value) before it gets listed on BSE on 25^th Nov.

Company Overview:

Religare Finvest Ltd is a 100% subsidiary of Religare Enterprises Limited. It is registered with the Reserve Bank of India (RBI) as a Non-Banking Finance Company (NBFC) and is currently engaged in the business of providing credit such as Loan against Property, Loan for Commercial Vehicles & Personal Finance etc. The company has been able to maintain asset quality across product segments and enjoys a comfortable liquidity profile.

Please refer to the  Term Sheet for more details on the product.

TERM SHEET – Religare Finvest Limited (RFL)

TERMS OF THE ISSUE

                                                                                   

Particulars	Terms
Issuer	Religare Finvest Limited (RFL)
Total Amount	Upto Rs. 100 crores
Instrument	Unsecured Redeemable Listed Non-Convertible Subordinated Debentures
Objects of the Issue	To Enhance Subordinated Debt & Capital Adequacy of the Company
Credit rating	AA- by two Rating Agencies (i.e. ICRA & Fitch)
Tenor	5 Year 6 Months (66 Months)
Put/ Call Option	None
Redemption (At par)	At the end of 66 Months from deemed date of allotment
Coupon rate	13.00% p.a.
Interest Payable	Annual & at Maturity
Form of issuance	Only in Dematerialized form
Face Value	Each Debenture shall have face value of Rs. 10 Lakhs
Minimum Application	Minimum One Bond and in multiples there after
Listing	Proposed on BSE
Trustees	SEBI Recognized Trustee would be appointed by the Issuer
Tentative Issue Closing date	21st November 2011
Tentative Date of Allotment	25th November 2011
Interest on application money	At the respective coupon rates (subject to deduction of tax of source, as applicable) from the date of realization of cheque(s) / demand draft(s) up to one day prior to the Deemed Date of Allotment.

Religare Finvest Limited