7.75% Kribhco Fertilizers Limited - AA Rated (INE486H07015)

Kribhco Fertilizers Limited, a Fertilizers company, has floated Bond, having ISIN value as INE486H07015, with a face value of ₹10,00,000 rs on 08May20 to raise 200 crores. The debt instrument is issued with a coupon rate of 7.75% and its interest is paid Monthly. 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 Bond is 7.75% SECURED, LISTED, RATED, REDEEMABLE, NON CONVERTIBLE, NON-CUMULATIVE, TAXABLE BONDS IN THE NATURE OF NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 08/05/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 14May20. CRISIL RATINGS LIMITED has given AA rating to this Bond on 02May20. This issuer is formerly known as KRIBHCO SHYAM FERTILIZERS LIMITED Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.