Viceroy Bangalore Hotels Private Limited - D Rated (INE414M07058)

Viceroy Bangalore Hotels Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE414M07058, with a face value of ₹10,00,000 rs on 29Jun17 to raise 120 crores. The debt instrument is issued with a coupon rate of RESET RATE (REFER REMARKS) 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 RESET RATE SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 30/06/2021. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 11Jul17. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D rating to this Debenture on 23Jun17. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.