7.81% Hindustan Petroleum Corporation Limited - AAA Rated (INE094A08119)

Hindustan Petroleum Corporation Limited, a Refineries & Marketing company, has floated Debenture, having ISIN value as INE094A08119, with a face value of ₹10,00,000 rs on 20Jun22 to raise 1500 crores. The debt instrument is issued with a coupon rate of 7.81% 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 7.81% UNSECURED RATED LISTED NON CONVERTIBLE DEBENTURE. SERIES II. DATE OF MATURITY 13/04/2032.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 21Jun22 & on NSE stock exchange on 21Jun22. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 20Jun21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.