Bangalore Elevated Tollway Private Ltd
, a Consumer Services company, has floated Debenture,
having ISIN value as INE548I07010, with a face value of ₹95,004 rs on 28Apr17 to raise 220 crores. The debt instrument
is issued with a coupon rate of THE COUPON RATE PAYABLE ON THE NCD FOR THE FIRST FIVE YEARS SHALL BE EQUIVALENT TO THE 5 YEARS AAA (CORPORATE) BORROWING RATE AS PER BLOOMBERG DATA..CONTACT ISSUER FOR FURTHER DETAILS and its interest is paid
Monthly. 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 RATING LINKED SECURED REDEEMABLE UNLISTED NON CONVERTIBLE DEBENTURES. SERIES ONE. DATE OF MATURITY 30/06/2024. This instrument is issued in Private Placement mode. It has Simple coupon type
with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given AA rating to
this Debenture on 14Feb20. This issuer is formerly known as BANGALORE ELEVATED TOLLWAY LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.