The information provided are for general consumption only. Do not construe this as an offer/advice/research to buy/sell any securities

Instrument Details

ISIN: INE067L08088

Face value

₹10,000

Coupon rate

VARIABLE - LIBOR+300BPS

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

103.85

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

31 Mar 2017

Maturity Date

31 Dec 2022

Perpetual

Yes

Listing Status

Unlisted

Rating status

Not Rated

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Fully Convertible

About this Bond

FUTURE BRANDS LIMITED SR 2 BR CCD 31DC22 FVRS10000
Future Brands Limited, a Consulting Services company, has floated Debenture, having ISIN value as INE067L08088, with a face value of ₹10,000 rs on 31Mar17 to raise 103.85 crores. The debt instrument is issued with a coupon rate of VARIABLE - LIBOR+300BPS and its interest is paid 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 LIBOR LINKED UNSECURED UNRATED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURES. SERIES 2. DATE OF CONVERSION 31/12/2022.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Not Applicable 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.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
None
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

VARIABLE - LIBOR+300BPS

Returns

Linked to Markets

Bond Rating

Unrated

Seniority in Repayment

None

Instrument Category

Fully Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Consulting Services
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector
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Rating

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Rated ★ 4.3+ on

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FAQs about INE067L08088 issued by Future Brands Limited

The instrument name of INE067L08088 ISIN is FUTURE BRANDS LIMITED SR 2 BR CCD 31DC22 FVRS10000.
The interest earned from INE067L08088 bond issued by Future Brands Limited is paid Annually, ensuring regular and consistent income for investors.
This INE067L08088 bond issued by Future Brands Limited does not currently have an assigned credit rating
The coupon rate of INE067L08088 bond issued by Future Brands Limited is VARIABLE - LIBOR+300BPS.
The INE067L08088 Debenture is issued by Future Brands Limited, a Private Sector company.
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