Edelweiss Asset Reconstruction Co. Ltd - A Rated (INE015L07725)

Edelweiss Asset Reconstruction Co. Ltd, a Other Financial Services company, has floated Debenture, having ISIN value as INE015L07725, with a face value of ₹1,00,000 rs on 31Jan20 to raise 5.33 crores. The debt instrument is issued with a coupon rate of NIFTY 10 YEAR BENCHMARK G-SEC INDEX and its interest is paid on Maturity. 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 NIFTY 10 YR BENCHMARK G-SEC (CLEAN PRICE) INDEX LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES K9A001A. DATE OF MATURITY 24/01/2030. 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 06Feb20. CARE RATINGS LIMITED has given PP-MLD A rating to this Debenture on 31Jan20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.