Horizon Industrial Parks Private Limited (INE685T08023)

Horizon Industrial Parks Private Limited, a Real Estate related services company, has floated Debenture, having ISIN value as INE685T08023, with a face value of ₹10 rs on 09Jun22 to raise 185 crores. The debt instrument is issued with a coupon rate of RESET RATE - THE OCDS SHALL NOT CARRY ANY INTEREST UNTIL 31 MARCH 2024, POST WHICH THE COMPANY AND THE OCD HOLDER SHALL MUTUALLY AGREE ON THE INTEREST PAYABLE ON THE OCDS, BASED ON A BENCHMARKING. 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 Unsecured Debenture is RESET RATE UNSECURED UNRATED UNLISTED OPTIONALLY CONVERTIBLE DEBENTURE. DATE OF MATURITY 08/06/2041. 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. This issuer is formerly known as EMBASSY INDUSTRIAL PARKS PRIVATE LIMITED, EMBASSY - MAINI LOGISTICS BANGALORE PRIVATE LIMITED, JEM CEMENTS PVT. LTD. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.