Sparkle Terminal & Towage Services Private Limited, has floated Debenture, having ISIN value as INE473Y07018, with a face value of ₹10,00,000 rs on 18Sep17 to raise 100 crores. The debt instrument is issued with a coupon rate of 8.60% 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 Secured Debenture is 8.60% SECURED UNLISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 18/09/2027. 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. ICRA LIMITED has given AA rating to this Debenture on 28Mar24. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.