Term Sheet - HUDCO Tax Free Bond

Housing and Urban Development Corporation Ltd. (HUDCO) is scheduled to come up with its public issue of Tax Free Secured Redeemable Non Nonconvertible Debentures on 17^th of Sept 2013 & it’s a pleasure mentioning that RR has been mandated as Lead Managers to the issue.

The ROC approval has been received; we shall be sending the soft copy of the application form shortly.

Issue Highlights:

Issue Opening - 17^th September 2013

Issue Closing - 14^th October 2013

Rating - ‘CARE AA+’ from CARE and ‘IND AA+’ from IRRPL.

Allotment – 1^st Come 1^st Serve

Issue Size - Rs. 750 cr (Base Issue Size) with option to retain oversubscription upto the shelf limit (being Rs. 4809.20 cr)

Issuance - Both in Physical & Dematerialized form

Coupon Rate:

Options	Series of Bonds
	For Category I, II & III
	Tranche – I Series 1A	Tranche – I Series 2A	Tranche – I Series 3A
Interest rate (%) p.a.	8.14%	8.51%	8.49%
Options	For Category IV only
	Tranche – I Series 1B	Tranche – I Series 2B	Tranche – I Series 3B
Interest rate (%) p.a.	8.39%	8.76%	8.74%

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