10.55% MEGHALAYA ENERGY CORPORATION LIMITED 2033
Information Memorandum (I.M.)
Term Sheet
INE760I07086
*(Eligible Investors - Individual,NRI,HUF,Corporate,Trust,Minor )
High Return bond
Issuer's Type
State Government Guaranteed
About Issuer :
The newly formed corporations are the Meghalaya Energy Corporation Limited (Me.E.C.L),’ the holding company’, Meghalaya Power Distribution Corporation Limited (Me.P.D.C.L), ‘the distribution utility arm’, Meghalaya Power Generation Corporation Limited (Me.P.G.C.L), ‘the generation utility arm’, and Meghalaya Power Transmission Corporation Limited (Me.P.T.C.L), ‘the transmission utility arm’.
Issuer's Link
Issuer's Financial Link
A Quick Highlight. Face Value (In INR) and Issue Size (In INR Crores)
Face Value
1,00,000.00
Coupon Rate
10.5500% (Fix)
Issue Date
03/Apr/2023
Maturity Date
03/Apr/2033
Remaining Period
9y 5m 30d
Tax Free
No
Interest Payment Type
Simple
Interest Frequency
Quarterly
Issue Size
(in Crores)
240.70
Max. Available Quantity
30
TDS on Interest
Yes
Call Option
N.A.
Put Option
N.A.
Govt. Guarantee
State Government
Security
Secured
Name of Debenture Trustee
IDBI Trusteeship Services Limited
Remarks
Please Consider The Risk Before Investing.
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