7.60% Kribhco Fertilizers Limited - AA Rated (INE486H07023)

Kribhco Fertilizers Limited, a Fertilizers company, has floated Bond, having ISIN value as INE486H07023, with a face value of ₹10,00,000 rs on 11Jun20 to raise 120 crores. The debt instrument is issued with a coupon rate of 7.60% 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 7.60% SECURED, LISTED, RATED, REDEEMABLE, NON-CONVERTIBLE, NON-CUMULATIVE, TAXABLE BONDS IN THE NATURE DEBENTURES. NCD-2. DATE OF MATURITY 11/06/2023. 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 30Jun20. CRISIL RATINGS LIMITED has given AA rating to this Bond on 04Jun20. 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.