ICICI Prudential Life Insurance Company Limited 6.85% Bond · 6 Nov 2030

Bond terms

Coupon frequency

Annual

Interest type

Fixed Interest

Face value

₹10,00,000

Allotment date

6 Nov 2020

Security

Unsecured

Seniority

Subordinate Tier 2

Day-count convention

Not available

Reported tax category

Taxable

Interest & repayment

Interest payments

PAYABLE ANNUALLY ON 06/11/2021,06/11/2022 AND SO ON TILL MATURITY.

Redemption terms

Full Redemption

Call provisions

THE ISSUER SHALL HAVE THE RIGHT (BUT NOT THE OBLIGATION) TO EXERCISE THE CALL OPTION IN RESPECT OF THE DEBENTURES AT THE END OF 5 (FIVE) YEARS FROM THE DEEMED DATE OF ALLOTMENT, THE DATE OF THE FIRST CALL OPTION BEING NOVEMBER 6, 2025, AND ANNUALLY THEREAFTER ON NOVEMBER 6, 2026, NOVEMBER 6, 2027, NOVEMBER 6, 2028 AND NOVEMBER 6, 2029 (EACH A CALL OPTION).

Put provisions

Put terms are not available. Check whether you can request early repayment.

Credit ratings

Ratings can change. Check the agency’s latest report for this ISIN. How to read ratings

Issuer & listing details

Issuer

ICICI Prudential Life Insurance Company Limited

ISIN

INE726G08014

Debenture trustee

Axis Trustee Services Limited

Registrar

KFIN TECHNOLOGIES PRIVATE LIMITED

NSE · reported status

Listed

BSE · reported status

To be listed

Security name

ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED 6.85 NCD 06NV30 FVRS10LAC

Bond description

6.85% UNSECURED, NOT GUARANTEED, SUBORDINATE - TIER 2, TAXABLE, NON CUMULATIVE, RATED, LISTED,REDEEMABLE, NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 06/11/2030.