10.50% Hero Wind Energy Private Limited (INE918T07087)

Hero Wind Energy Private Limited, a Electric Utilities company, has floated Debenture, having ISIN value as INE918T07087, with a face value of ₹10,00,000 rs on 03Dec21 to raise 75 crores. The debt instrument is issued with a coupon rate of 10.50% and its interest is paid Quarterly. 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 Secured Debenture is 10.50% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.LETER OF MALLOTMENT.DATE OF MATURITY 27/12/2022. 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. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.