12.39% Fourth Partner Energy Private Limited - A Rated (INE00S407010)

Fourth Partner Energy Private Limited, a Electric Utilities company, has floated Debenture, having ISIN value as INE00S407010, with a face value of ₹10,00,000 rs on 15Sep20 to raise 126 crores. The debt instrument is issued with a coupon rate of 12.39% and its interest is paid Semi 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 12.39% SECURED UNRATED UNLISTED REDEEMABLE TAXABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 15/09/2026.. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given A- rating to this Debenture on 15Nov23. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.