8.62% Haryana Vidyut Prasaran Nigam Limited - A Rated (INE535N08064)

Haryana Vidyut Prasaran Nigam Limited, a Energy company, has floated Bond, having ISIN value as INE535N08064, with a face value of ₹10,00,000 rs on 23Feb15 to raise 265.7 crores. The debt instrument is issued with a coupon rate of 8.62% 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 Bond is 8.62% UNSECURED REDEEMABLE NON CONVERTIBLE TAXABLE REGULAR RETURN BONDS IN THE NATURE OF DEBENTURES.(HVPNL BONDS - 2014-15 SERIES I). LETTER OF ALLOTMENT. DATE OF MATURITY 23/02/2027. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is listed on BSE stock exchange on 27Feb15. INDIA RATING AND RESEARCH PVT. LTD has given A+(CE) rating to this Bond on 18Feb20. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.