11.50% Edelweiss Asset Reconstruction Co. Ltd - A Rated (INE015L07709)

Edelweiss Asset Reconstruction Co. Ltd, a Other Financial Services company, has floated Debenture, having ISIN value as INE015L07709, with a face value of ₹9,00,000 rs on 02Dec19 to raise 1125 crores. The debt instrument is issued with a coupon rate of 11.50% 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 11.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 01/06/2023.. 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 06Dec19. CRISIL RATINGS LIMITED has given A+ rating to this Debenture on 05Nov19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.