8.75% Thdc India Limited - AA Rated (INE812V07021)

Thdc India Limited, a Electric Utilities company, has floated Bond, having ISIN value as INE812V07021, with a face value of ₹10,00,000 rs on 06Sep19 to raise 1500 crores. The debt instrument is issued with a coupon rate of 8.75% 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 Secured Bond is 8.75% SECURED LISTED REDEEMABLE NON-CONVERTIBLE NON CUMULATIVE TAXABLE BONDS IN THE NATURE OF DEBENTURE. LETTER OF ALLOTMENT. SERIES II. DATE OF MATURITY 06/09/2029. 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 26Sep19 & on NSE stock exchange on 19Sep19. INDIA RATING AND RESEARCH PVT. LTD has given AA rating to this Bond on 04Feb20. This issuer is formerly known as TEHRI HYDRO DEVELOPMENT CORPORATION LIMITED Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.