2% Edelweiss Asset Reconstruction Co. Ltd - A Rated (INE015L07519)

Edelweiss Asset Reconstruction Co. Ltd, a Other Financial Services company, has floated Debenture, having ISIN value as INE015L07519, with a face value of ₹7,40,940 rs on 28Aug17 to raise 98.544887 crores. The debt instrument is issued with a coupon rate of 2% and its interest is paid Quarterly. 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 2% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 27/08/2027. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 07Sep17. CRISIL RATINGS LIMITED has given A+ rating to this Debenture on 17Aug17. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.