6.11% Bharat Petroleum Corporation Ltd. - AAA Rated (INE029A08065)

Bharat Petroleum Corporation Ltd., a Refineries & Marketing company, has floated Debenture, having ISIN value as INE029A08065, with a face value of ₹10,00,000 rs on 06Jul20 to raise 1995.2 crores. The debt instrument is issued with a coupon rate of 6.11% 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 Unsecured Debenture is 6.11% UNSECURED LISTED RATED NON-CUMULATIVE TAXABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES I. DATE OF MATURITY 06/07/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 09Jul20 & on NSE stock exchange on 15Jul20. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 25Jun20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.