Andhra Pradesh Expressway Limited (INE400K08018)

Andhra Pradesh Expressway Limited, a Utilities company, has floated Debenture, having ISIN value as INE400K08018, with a face value of ₹100 rs on 10Mar17 to raise 125 crores. The debt instrument is issued with a coupon rate of SBI PLR PLUS 400 BASIS POINTS 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 SBL PLR + 400 BASIS POINT UNSECURED REDEEMABLE NON CONVERTIBEL DEBENTURES. SERIES APEL UDII. DATE OF MATURITY 24/09/2026. This instrument is issued in Private Placement mode. It has Compounding coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.