10.03% Edelweiss Housing Finance Limited - A Rated (INE530L07350)

Edelweiss Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE530L07350, with a face value of ₹10,00,000 rs on 18Mar19 to raise 150 crores. The debt instrument is issued with a coupon rate of 10.03% and its interest is paid Monthly. 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 10.03% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. MATURITY DATE - 18/03/2029. 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 29Mar19. CRISIL RATINGS LIMITED has given A+ rating to this Debenture on 13Mar19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.