Adani Infrastructure Management Services Limited (INE04F508016)

Adani Infrastructure Management Services Limited, a Utilities company, has floated Debenture, having ISIN value as INE04F508016, with a face value of ₹100 rs on 29Dec21 to raise 1196.44353 crores. The debt instrument is issued with a coupon rate of 6M LIBOR + 400BPS 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 6M LIBOR + 400BPS UNSECURED UNRATED UNLISTED COMPULSIORY CONVERTIBLE DEBENTURE.SERIES I.LETTER OF ALLOTMENT.DATE OF CONVERSION 28/12/2031. 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.