8.85% The Great Eastern Shipping Co. Ltd 2028

About Issuer

G E Shipping owes its success to the foresightedness of two families - the Sheths and the Bhiwandiwallas, who started their own shipping line to help expand the reach of their trading businesses. In 1948, after obtaining the mothballed Liberty ship, SS Fort Elice, G E Shipping began its maiden voyage under the entrepreneurial genius of Vasant J. Sheth and steered ahead confidently, tasting new waters and exploring new avenues. From providing sea-logistics support in its initial years to venturing in tramp shipping, to diversifying into offshore oil field services, much against the industry norms, the company has often swum against the tide and in the process, turned the tides in its favour, thereby laying a path for others to follow.
Overview

ISIN

INE017A07559

Minimum Investment

10,00,000.00

Coupon

8.85%

YTM

8.3%

Payment Term

ANNUALLY

Face Value

10,00,000.00

Taxable

YES

Perpetual

NO

Maturity Date

12/04/28

Remaining Period

Issue Date

12/04/18

Interest Payment Date

12 Apr

Credit Rating

Debit Quality

Security

THIS BOND IS SECURED

Seniority

YES

Indicative Cashflow
Cash Flow

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