10% Edelweiss Housing Finance Limited - A Rated (INE530L07228)

Edelweiss Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE530L07228, with a face value of ₹1,000 rs on 19Jul16 to raise 349.2048 crores. The debt instrument is issued with a coupon rate of 10% 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 10% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES VI. DATE OF MATURITY 19/07/2026. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 22Jul16 & on NSE stock exchange on 22Jul16. CARE Ratings Limited has given A rating to this Debenture on 19Jul16. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.