0% Andhra Pradesh Expressway Limited - AAA Rated (INE400K07069)

Andhra Pradesh Expressway Limited, a Utilities company, has floated Debenture, having ISIN value as INE400K07069, with a face value of ₹10,00,000 rs on 08Nov12 to raise 46.1 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 Secured Debenture is ZERO COUPON SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 15/10/2024. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 15Nov12 & on NSE stock exchange on 15Nov12. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 22Sep17. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.