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Instrument Details

ISIN: INE142U07017

Face value

₹8,29,980

Coupon rate

Variable Coupon

Payment

Semi Annually

Tax Type

Taxable

Issue Size (Cr)

168.9

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

13 Dec 2018

Maturity Date

15 Nov 2027

Perpetual

Yes

Listing Status

Unlisted

Rating status

AA (INDIA Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

N.A.M.EXPRESSWAY LIMITED SERIES I BR NCD 15NV27 FVRS829982.24
N.a.m.expressway Limited, a Utilities company, has floated Debenture, having ISIN value as INE142U07017, with a face value of ₹8,29,980 rs on 13Dec18 to raise 168.9 crores. The debt instrument is issued with a coupon rate of MIBOR-OIS PLUS FLOATING RATE PLUS 2.75% 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 Secured Debenture is MIBOR LINKED SECURED UNLISTED UNRATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I. DATE OF MATURITY 15/11/2027. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given AA rating to this Debenture on 13May19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
AA
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Date Verified
29 Aug 2024
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Outlook
Stable
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Seniority in Repayment
None
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

Variable Coupon

Returns

Linked to Markets

Bond Rating

AA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Utilities
Head Office
HEAD OFFICE
Hyderabad
Sector name
SECTOR
-
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE142U07017 issued by N.a.m.expressway Limited

The instrument name of INE142U07017 ISIN is N.A.M.EXPRESSWAY LIMITED SERIES I BR NCD 15NV27 FVRS829982.24.
The interest earned from INE142U07017 bond issued by N.a.m.expressway Limited is paid Semi Annually, ensuring regular and consistent income for investors.
This INE142U07017 bond issued by N.a.m.expressway Limited has been assigned a credit rating of AA by INDIA RATING AND RESEARCH PVT. LTD, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE142U07017 bond issued by N.a.m.expressway Limited is MIBOR-OIS PLUS FLOATING RATE PLUS 2.75%.
The INE142U07017 Debenture is issued by N.a.m.expressway Limited, a Private Sector company.
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