6.70% Can Fin Homes Limited - AAA Rated (INE477A07316)

Can Fin Homes Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE477A07316, with a face value of ₹10,00,000 rs on 25Feb22 to raise 500 crores. The debt instrument is issued with a coupon rate of 6.70% 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 6.70% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. DATE OF MATURITY 25/02/2025.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 02Mar22. CARE RATINGS LIMITED has given AAA rating to this Debenture on 25Feb22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.