7.60% Aditya Birla Finance Limited - AAA Rated (INE860H07HU4)

Aditya Birla Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE860H07HU4, with a face value of ₹10,00,000 rs on 08Jun22 to raise 610 crores. The debt instrument is issued with a coupon rate of 7.60% and its interest is paid Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 7.6000% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. ABFL NCD SERIES C1 FY 2022-23. DATE OF MATURITY 06/06/2025.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 15Jun22 & on NSE stock exchange on 04Jul22. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 04Apr22. This issuer is formerly known as BIRLA GLOBAL FINANCE COMPANY LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.