6.10% Can Fin Homes Limited - AAA Rated (INE477A07308)

Can Fin Homes Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE477A07308, with a face value of ₹10,00,000 rs on 10Nov21 to raise 275 crores. The debt instrument is issued with a coupon rate of 6.10% 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 6.10% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE.LETTER OF ALLOTMENT.SERIES 1.DATE OF MATURITY 10/02/2025. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 15Nov21. CARE RATINGS LIMITED has given AAA rating to this Debenture on 10Nov21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.