6.75% Fermi Solarfarms Private Limited - AAA Rated (INE404X07015)

Fermi Solarfarms Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE404X07015, with a face value of ₹9,80,000 rs on 02Mar22 to raise 337 crores. The debt instrument is issued with a coupon rate of 6.75% 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 Secured Debenture is 6.75% SECURED RATED LISTED NON CONVERTIBLE DEBENTURES.DATE OF MATURITY 28/02/2025. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 04Mar22. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 15Feb22. This issuer is formerly known as NV VOGT TAMIL NADU SOLAR SIX LIMITED, NV VOGT TAMIL NADU SOLAR SIX PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.