8.48% U.p. Power Corporation Limited - AA Rated (INE540P07178)

U.p. Power Corporation Limited, a Electric Utilities company, has floated Bond, having ISIN value as INE540P07178, with a face value of ₹10,00,000 rs on 27Mar17 to raise 498.5 crores. The debt instrument is issued with a coupon rate of 8.48% 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 Bond is 8.48% SECURED RATED LISTED GOVERNMENT GUARANTEED NON-CONVERTIBLE TAXABLE BONDS. SERIES IV SUB SERIES G. DATE OF MATURITY 15/03/2027. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given AA(CE) rating to this Bond on 11Oct23. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.