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Instrument Details

ISIN: INE416S07035

Face value

₹10,00,000

Coupon rate

RESET RATE - REFER REMARKS

Payment

Monthly

Tax Type

Taxable

Issue Size (Cr)

630

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

26 Oct 2020

Maturity Date

26 Oct 2024

Perpetual

Yes

Listing Status

Listed

Rating status

D (Acuite Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

BLUE HORIZON HOTELS PRIVATE LIMITED SR A RR NCD 26OT24 FVRS10LAC
Blue Horizon Hotels Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE416S07035, with a face value of ₹10,00,000 rs on 26Oct20 to raise 630 crores. The debt instrument is issued with a coupon rate of RESET RATE - REFER REMARKS 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 RESET RATE SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A. DATE OF MATURITY 26/10/2024.. 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 25Nov20. Acuite Ratings And Research Limited has given D rating to this Debenture on 01Oct20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
D
Default or Expect to Default
D
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Date Verified
29 Aug 2024
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Outlook
No Outlook
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

RESET RATE - REFER REMARKS

Returns

Linked to Markets

Bond Rating

D

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Utilities
Head Office
HEAD OFFICE
Bangalore
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE416S07035 issued by Blue Horizon Hotels Private Limited

The instrument name of INE416S07035 ISIN is BLUE HORIZON HOTELS PRIVATE LIMITED SR A RR NCD 26OT24 FVRS10LAC.
The interest earned from INE416S07035 bond issued by Blue Horizon Hotels Private Limited is paid Monthly, ensuring regular and consistent income for investors.
This INE416S07035 bond issued by Blue Horizon Hotels Private Limited has been assigned a credit rating of D by Acuite Ratings And Research Limited, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE416S07035 bond issued by Blue Horizon Hotels Private Limited is RESET RATE - REFER REMARKS.
The INE416S07035 Debenture is issued by Blue Horizon Hotels Private Limited, a Private Sector company.
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