12.90% Fortum Finnsurya Energy Private Limited (INE00WQ08105)

Fortum Finnsurya Energy Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE00WQ08105, with a face value of ₹100 rs on 25Oct16 to raise 120 crores. The debt instrument is issued with a coupon rate of 12.90% 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 12.9% UNSECURED UNRATED UNLISTED COMPULSORILY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 24/10/2035.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. This debt instrument is Unrated. This issuer is formerly known as FINNSURYA ENERGY PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.