Hindustan Petroleum Corporation Limited had issued Unsecured, Redeemable, Non-Convertible, Non-Cumulative, Taxable Debentures of INR 100,000/- each aggregating to INR 25.00 billion on private placement basis on April 29, 2025 for funding of refinancing of existing borrowings and/or funding of Capital Expenditure of the Issuer, including recoupment of expenditure already incurred and/or for any other purpose in the ordinary course of business of the Issuer. The particulars of the issuance are as follows: the type of securities proposed to be issued is Unsecured, Redeemable, Non-Convertible, Non-Cumulative Taxable Debentures; the type of issuance is on a Private Placement Basis; the total number of securities proposed to be issued is 2,50,000, with a face value of INR 100,000 per debenture, an issue price of INR 100,000 per debenture (At Par), and an issue size of INR 25.00 billion; the coupon/interest offered is 6.73% p.a., with a schedule of payment of coupon/interest and principal as detailed in the accompanying table.
Hindustan Petroleum Corporation Limited Issues Unsecured, Redeemable, Non-Convertible, Non-Cumulative, Taxable Debentures
Published on 04/29/2025 at 07:42
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