Sprng Solar India Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE0BXO08016, with a face value of ₹10 rs on 20Jul18 to raise 100 crores. The debt instrument is issued with a coupon rate of 13.95% 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 Unsecured Debenture is 13.95% UNSECURED UNRATED UNLISTED COMPULSORY CONVERTIBLE DEBENTURE. DATE OF MATURITY 19/07/2030. 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. This debt instrument is Unrated. This issuer is formerly known as FORTUM SOLAR INDIA PRIVATE LIMITED, FORTUM TARAPUR HEAT PRIVATE LIMITED, FINNSHAKTI ENERGY PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.