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Instrument Details

ISIN: INE277L08034

Face value

₹10,00,000

Coupon rate

14.50%

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

285

Instrument Type

Debenture

Returns

High

Date of Issue

19 Mar 2015

Maturity Date

30 Sep 2020

Perpetual

Yes

Listing Status

Unlisted

Rating status

D (ICRA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

FORTIS HEALTHCARE HOLDINGS PRIVATE LIMITED 14.5 NCD 30SP20 FVRS10LAC
Fortis Healthcare Holdings Private Limited, a Finance company, has floated Debenture, having ISIN value as INE277L08034, with a face value of ₹10,00,000 rs on 19Mar15 to raise 285 crores. The debt instrument is issued with a coupon rate of 14.50% and its interest is paid on Maturity. 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 14.50% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 30/09/2020. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given D rating to this Debenture on 17Nov23. This issuer is formerly known as FORTIS HEALTHCARE HOLDINGS LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
D
Default or Expect to Default
D
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Date Verified
20 Nov 2023
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Outlook
No Outlook
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Seniority in Repayment
Senior
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

14.50%

Returns

High

Bond Rating

D

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Finance
Head Office
HEAD OFFICE
New Delhi
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE277L08034 issued by Fortis Healthcare Holdings Private Limited

The instrument name of INE277L08034 ISIN is FORTIS HEALTHCARE HOLDINGS PRIVATE LIMITED 14.5 NCD 30SP20 FVRS10LAC.
The interest earned from the INE277L08034 bond issued by Fortis Healthcare Holdings Private Limited is paid at the time of maturity
This INE277L08034 bond issued by Fortis Healthcare Holdings Private Limited has been assigned a credit rating of D by ICRA LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 14.5%, which determines the periodic interest payments made to bondholders.
The INE277L08034 Debenture is issued by Fortis Healthcare Holdings Private Limited, a Private Sector company.
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