7.43% Aditya Birla Housing Finance Limited - AAA Rated (INE831R08084)

Aditya Birla Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE831R08084, with a face value of ₹10,00,000 rs on 15Jan21 to raise 75 crores. The debt instrument is issued with a coupon rate of 7.43% 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 Unsecured Debenture is 7.43% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE SUBORDINATE TIER II DEBENTURES ABHFL SUB DEBT SERIES SD J1 FY2020-21. DATE OF MATURITY 15/01/2031.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 19Jan21. INDIA RATING AND RESEARCH PVT. LTD has given AAA rating to this Debenture on 08Apr20. This issuer is formerly known as LIL INVESTMENT LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.