6.25% Can Fin Homes Limited (INE477A07290)

Can Fin Homes Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE477A07290, with a face value of ₹10,00,000 rs on 24Dec20 to raise 275 crores. The debt instrument is issued with a coupon rate of 6.25% 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 6.25% SECURED REDEEMABLE SENIOR NON CONVERTIBLE DEBENTURES.SERIES 1. LETTER OF ALLOTMENT. DATE OF MATURITY 24/12/2023.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 28Dec20. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 24Dec20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.