13% Walayar Vadakkencherry Expressways Private Limited (INE268O08011)

Walayar Vadakkencherry Expressways Private Limited, has floated Debenture, having ISIN value as INE268O08011, with a face value of ₹110 rs on 28Sep20 to raise 303.3778 crores. The debt instrument is issued with a coupon rate of 13% 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% UNSECURED UNLISTED UNRATED OPTIONALLY CONVERTIBLE DEBENTURES. DATE OF CONVERSION 18/05/2033. 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 KNR WALAYAR TOLLWAYS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.