Bangalore Airport Hotel Limited

About Bangalore Airport Hotel Limited bond with ISIN: INE119L07022

In the competitive landscape of fixed income securities, detailed and comprehensive information is vital for both investors and market analysts. This bond, identified by the unique ISIN INE119L07022, represents a significant financial instrument. Issued by BANGALORE AIRPORT HOTEL LIMITED, it comes with the following description: "8.53% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 23/09/2027". Although the bond is currently marked as active, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, BANGALORE AIRPORT HOTEL LIMITED, classified as N/A, plays an essential role in the market despite some details such as sector, industry, and issuer nature not being explicitly provided. Key identifiers like the Corporate Identification Number (CIN) U55101KA2006PLC078358 further bolster its credibility. With a coupon rate of 8.53, this instrument has been meticulously managed with the assistance of Link Intime India Private Limited,Mumbai and under the oversight of Vistra ITCL (India) Limited, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 300. It was allotted on 9/23/2022 and is scheduled for redemption on 9/23/2027. Categorized under "PLAIN VANILLA DEBENTURES" and defined as Secured, the instrument is structured to meet specific investment objectives. Although options such as call or put are not applicable in this instance, the core attributes remain detailed and robust. A critical element in evaluating any fixed income instrument is its credit rating. The bond carries a credit rating of AAA as provided by INDIA RATING AND RESEARCH PVT. LTD. In the market, ratings typically range from D to AAA, and a rating of AAA is generally considered to be on the riskier end of the spectrum. This insight helps potential investors understand that while the ratings spectrum is broad, a lower rating can indicate higher risk, prompting careful consideration before investing. The security measures add another layer of assurance. The asset cover is described as follows: First ranking paripassu charge over current assets of the Issuer – a feature that, while requiring further inquiry for complete details, underscores the issuer’s commitment to providing some level of investor protection. Furthermore, the bond is supported by several documents. The bond is supported by a variety of documents including INDIA RATING AND RESEARCH PVT. LTD_24-10-2024, INDIA RATING AND RESEARCH PVT. LTD_01-07-2024, INDIA RATING AND RESEARCH PVT. LTD_05-10-2023, INDIA RATING AND RESEARCH PVT. LTD_06-09-2023. These documents serve as a reference for additional details and provide transparency to interested parties. Additionally, there are similar bonds in the market such as the bond with ISIN INE020L07014 having a coupon rate of 15.5% and the bond with ISIN INE01BZ07019 having a coupon rate of 15% and the bond with ISIN INE03IV08074 having a coupon rate of N/A and the bond with ISIN INE0CS708031 having a coupon rate of 4%. Such comparable instruments offer a broader perspective on market positioning and allow investors to perform benchmark analysis. This detailed description is crafted to meet rigorous content standards and to offer exhaustive insights into every facet of the bond’s structure. Investors, analysts, and researchers alike can derive substantial value from this narrative, which underscores both the instrument’s inherent characteristics and its broader market positioning. Such elaborate coverage enhances investor confidence by providing a rich, comprehensive content base. Every element from issuance details to security measures and comparative insights is meticulously presented to facilitate an informed and robust market understanding.