Fortis Healthcare Limited has released the status of its listed debt securities issued through private placement as of March 31, 2026. The statement outlines the issuance details, maturity profiles, and coupon rates for three significant tranches of debt, providing transparency into the company’s current financial obligations and structured debt management strategy.
Debt Issuance Summary
As part of its financial reporting compliance, Fortis Healthcare has detailed three major tranches of debt securities issued on December 19, 2024. All identified securities carry a uniform maturity date of December 19, 2029, highlighting a five-year tenure for these financial instruments.
Breakdown of Outstanding Securities
The company has maintained a consistent interest structure for these debt tranches, with an initial coupon rate of 7.7648% p.a. for the first year. The interest on these securities is payable on an annual basis. The current outstanding amounts are as follows:
- ISIN INE061F08018: 500 Crore outstanding.
- ISIN INE061F08026: 500 Crore outstanding.
- ISIN INE061F08034: 550 Crore outstanding.
Future Coupon Adjustments
Beyond the initial 7.7648% rate, the company has confirmed that subsequent coupon rates will be reset on an annual basis. These adjustments will follow a structured Coupon Reset Process, which remains subject to potential Step Up or Step Down conditions based on the agreed-upon terms of the instruments.
Source: BSE
