Fourth Partner Energy Private Limited

About Fourth Partner Energy Private Limited bond with ISIN: INE00S407010

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 INE00S407010, represents a significant financial instrument. Issued by FOURTH PARTNER ENERGY PRIVATE LIMITED, it comes with the following description: "12.39% SECURED UNRATED UNLISTED REDEEMABLE TAXABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 15/09/2026.". 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, FOURTH PARTNER ENERGY PRIVATE LIMITED, classified as Non PSU, 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) U40108TG2010PTC070806 further bolster its credibility. With a coupon rate of 12.39%, this instrument has been meticulously managed with the assistance of KFIN TECHNOLOGIES PRIVATE LIMITED and under the oversight of Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited), ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 1000000 with an issue size of 126. It was allotted on 9/15/2020 and is scheduled for redemption on 9/15/2026. Categorized under "-" 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 A- as provided by ICRA LIMITED. In the market, ratings typically range from D to AAA, and a rating of A- 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: THE DEBENTURES SHALL BE SECURED BY WAY OF A FIRST RANKING EXCLUSIVE AND CONTINUING CHARGE TO BE CREATED PURSUANT TO THE DEED OF HYPOTHECATION TO BE EXECUTED BY AND BETWEEN THE ISSUER AND THE DEBENTURE TRUSTEE, FOR MORE INFORMATION PLEASE CONTACT 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 ICRA LIMITED_15-11-2023, ICRA LIMITED_31-10-2023. 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 INE00S407093 having a coupon rate of 9.7% and the bond with ISIN INE00S407085 having a coupon rate of 9.7% and the bond with ISIN INE00S407051 having a coupon rate of RESET RATE -FOR THE PERIOD COMMENCING ON THE FIRST DEEMED DATE OF ALLOTMENT AND ENDING ON THE SECOND ANNIVERSARY OF THE FIRST DEEMED DATE OF ALLOTMENT- AN INTEREST RATE OF 4% PER ANNUM, FOR THE PERIOD and the bond with ISIN INE00S407028 having a coupon rate of RESET RATE (REFER REMARK). 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.