8.94% Can Fin Homes Limited - AA Rated (INE477A08025)

Can Fin Homes Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE477A08025, with a face value of ₹5,00,000 rs on 03Dec14 to raise 100 crores. The debt instrument is issued with a coupon rate of 8.94% 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 8.94% UNSECURED REDEEMABLE NON CONVERTIBLE SUBORDINATED TIER II BONDS IN THE NATURE OF DEBENTURES. CFHL UNCD 2014-SERIES 1. LETTER OF ALLOTMENT. DATE OF MATURITY 03/12/2024. 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 22Dec14 & on NSE stock exchange on 22Dec14. INDIA RATING AND RESEARCH PVT. LTD has given AA+ rating to this Debenture on 18Dec19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.