Instrument Details

ISIN: INE0AED08011

Face value

₹10,00,000

Coupon rate

6.99%

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

7000

Instrument Type

Debenture

Returns

Medium

Date of Issue

18 Sep 2019

Maturity Date

16 Dec 2022

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

AIR INDIA ASSETS HOLDING LIMITED 6.99 NCD 16DC22 FVRS10LAC LOAUPTO17SP19
Air India Assets Holding Limited, a Utilities company, has floated Debenture, having ISIN value as INE0AED08011, with a face value of ₹10,00,000 rs on 18Sep19 to raise 7000 crores. The debt instrument is issued with a coupon rate of 6.99% and its interest is paid Semi Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Unsecured Debenture is 6.99% UNSECURED RATED LISTED TAXABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 16/12/2022. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 30Sep19. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 25Sep19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
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Date Verified
21 Jan 2022
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
18-Sep-19 : Your investment
₹34,95,000
18-Mar-20 : Interest
₹34,95,000
18-Sep-20 : Interest
₹34,95,000
18-Mar-21 : Interest
₹34,95,000
18-Sep-21 : Interest
₹34,95,000
18-Mar-22 : Interest
₹34,95,000
18-Sep-22 : Interest
₹2,91,250
16-Dec-22 : Interest
₹12,12,61,250
16-Dec-22 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹2,12,61,250)

Summary

Instrument Attributes

Value

Coupon Rate

6.99%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Utilities
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
PSU

FAQs about INE0AED08011 issued by Air India Assets Holding Limited

The instrument name of INE0AED08011 ISIN is AIR INDIA ASSETS HOLDING LIMITED 6.99 NCD 16DC22 FVRS10LAC LOAUPTO17SP19.
The interest earned from INE0AED08011 bond issued by Air India Assets Holding Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE0AED08011 bond issued by Air India Assets Holding Limited has been assigned a credit rating of AAA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 6.99%, which determines the periodic interest payments made to bondholders.
The INE0AED08011 Debenture is issued by Air India Assets Holding Limited, a PSU company.