Niva Bupa Health Insurance Company Limited 10.7% Bond · 15 Nov 2031

Bond terms

Coupon frequency

Annual

Interest type

Fixed Interest

Face value

₹10,00,000

Allotment date

15 Nov 2021

Security

Unsecured

Seniority

Subordinate Tier 2

Day-count convention

Not available

Reported tax category

Taxable

Interest & repayment

Interest payments

PAYABLE ON ANNUALLY BASIS ON 15/11/2022,15/11/2023 AND SO ON TILL MATURITY

Redemption terms

Full Redemption

Call provisions

THE ISSUER SHALL HAVE THE RIGHT (BUT NOT THE OBLIGATION) TO EXERCISE A CALL OPTION IN RESPECT OF ALL OR PART OF THE DEBENTURES AT THE END OF 5 YEARS FROM THE DEEMED DATE OF ALLOTMENT AND ON ANY CALL OPTION PAYMENT DATE (BEING THE INTEREST PAYMENT DATES AT THE END OF END OF 5 YEARS AND UP TO 9 YEARS FROM THE DEEMED DATE OF ALLOTMENT). THE CALL OPTION PAYMENT DATES ARE 15 NOVEMBER, 2026, AND ANNUALLY THEREAFTER 15 NOVEMBER, 2027, 15 NOVEMBER, 2028, 15 NOVEMBER, 2029 AND 15 NOVEMBER, 2030.

Put provisions

Put terms are not available. Check whether you can request early repayment.

Credit ratings

Ratings can change. Check the agency’s latest report for this ISIN. How to read ratings

Issuer & listing details

Issuer

Niva Bupa Health Insurance Company Limited

ISIN

INE995S08010

Debenture trustee

Axis Trustee Services Limited

Registrar

KFIN TECHNOLOGIES PRIVATE LIMITED

NSE · reported status

Listed

BSE · reported status

To be listed

Security name

NIVA BUPA HEALTH INSURANCE COMPANY LIMITED 10.70 NCD 15NV31 FVRS10LAC

Bond description

10.70% UNSECURED RATED LISTED SUBORDINATED NON CONVERTIBLE DEBENTURE.DATE OF MATURITY 15/11/2031