Earn 13% Coupon Interest on NCD of Muthoot Finance Ltd.

Dear All,

Muthoot Finance Ltd, country’s largest gold loan financing company, plans to raise 600 crores though public bond. The issue will open on March 2,2012,and close on March 17,2012. There are four investment options, including a 24-month plan, which will pay 13% coupon to different categories of investors, while 36-month and 60-month maturities will both pay a coupon of 13.25%. A 66-month option will gets a yield of 13.43% to different categories of investors. The face value of each NCD is 1,000 and the minimum application is for five NCDs and in multiples of each NCD thereafter. Please find below details of issue.  

Public issue of Muthoot Finance Ltd. Non Convertible Debentures
Issue	Public Issue of NCDs aggregating upto Rs.250 Crores with an option to retain over- subscription up to Rs.250 Crores.
Credit Rating:	AA-/Stable’ by CRISIL& ICRA
Issue Opens On:	2nd March, 2012	Issue Closes On:	17th March, 2012 The Issuer would have the right to Pre-close the issue or extend the closing date by giving notice to the arrangers
Issuance and Trading	Compulsorily in dematerialized form	Trading Lot	1 (one) NCD
Stock Exchange proposed for listing of the NCDs	BSE	Depositories	NSDL and CDSL
Interest on application &  Interest on refund money	13% p.a.	Basis of Allotment	Allotment shall be on first come first serve  basis

Specific Terms - Public issue of Muthoot Finance Ltd. Non Convertible Debentures
Options	I	II	III	IV
Face value:	Rs 1,000 Per NCD	Rs 1,000 Per NCD	Rs 1,000 Per NCD	Rs 1,000 Per NCD
Tenor (In Months)	24 Months	36 Months	60 Months	66 Months
Frequency of Interest	Annual	Annual	Annual	Cumulative
Minimum Application	Rs.5,000 (5 NCDs) (for all options of NCDs, namely Options I, Option II, and Option III and Option IV either taken individually or collectively)
In Multiples of	Rs. 1,000 (1 NCD)
Coupon Rate (%) for NCD	13.00 %	13.25 %	13.25 %	NA
Effective Yield (per annum)	13.00 %	13.25 %	13.25 %	13.43 %
Redemption date	24 months from the Deemed Date of Allotment	36 months from the Deemed Date of Allotment	60 months from the Deemed Date of Allotment	66 months from the Deemed Date of Allotment
Redemption amount (per NCD)	Repayment of the Face Value plus any interest that may have accrued at the Redemption Date.			Rs. 2,000

For any support, Kindly get in touch with Mohit Monga @ 9899396322 or 011-26225253 or mail at 6044@religare.in