Shoe Option definition
Examples of Shoe Option in a sentence
The Bidder shall ensure that the Base Capacity and the Potential Green Shoe Option Capacity mentioned shall be as per Clause 1.3.3 and Clause 3.1. Note 2.
If the Initial Purchasers exercise the Shoe Option, then there will be originally issued up to an additional thirty million dollars ($30,000,000) principal amount of Notes pursuant to such exercise, subject to the provisions of this Indenture (including Section 2.02).
LAA” with Stable outlook by ICRA & “AA+/Stable” by CRISILIssue SizeRs. 100 crores with a Green Shoe Option of Rs. 100 croreFace Value/ Issue PriceRs. 10,00,000 per BondMinimum Application Size1 Bond and in multiples of 1 Bond thereafterTenorPerpetualCoupon RateThe Bond will bear the interest rate of 11.15% per annum till 09thSeptember 2018.
If the Initial Purchasers exercise the Shoe Option, then there will be originally issued up to an additional seventy-five million dollars ($75,000,000) principal amount of Notes pursuant to such exercise, subject to the provisions of this Indenture (including Section 2.02).
The Company also launched a new Alternative Investment Fund namely LICHFL Housing & Infrastructure Fund (LHIF) with a total corpus of ` 1,000 crore including Green Shoe Option of ` 250 crore and the focus of the Fund is on Affordable Housing and Property backed Infrastructure in sectors which include Educational Institutions, Hospitals, Industrial Parks & Warehouses.