IREDA Tax free issue

Dear All,

IREDA has decided to open its public issue of tax free opening on 17th Feb.

Other key terms are as under:

Issue size: Rs. 500 crores with an option to retain oversubscription up to Rs.500 crores aggregating to Rs. 1,000 crores

Issue Period: 17th Feb 2014 to 10 March 2014

Ratings: AAA (SO) by CARE AAA & BRICKWORK

Listing: NSE and BSE.
BSE is the Designated Stock Exchange

Registrar: LINK INTIME INDIA PRIVATE LIMITED

Issuance - Both in Physical & Dematerialized form

Coupon Rate:
For Non-Retail (Category I, II & III)
8.16% p.a. For 10yrs,
8.55% p.a. For 15yrs & 20yrs

For Retail (Categoty IV):
8.41% p.a. For 10 yrs
8.80% p.a. For 15 yrs & 20 yrs

Regards,

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