8.90% Edelweiss Retail Finance Limited - A Rated (INE528S07151)

Edelweiss Retail Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE528S07151, with a face value of ₹10,00,000 rs on 03Jul20 to raise 175 crores. The debt instrument is issued with a coupon rate of 8.90% 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 8.90% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES II. DATE OF MATURITY 03/01/2022. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given A+ rating to this Debenture on 23Jun20. This issuer is formerly known as AFFLUENT DEALCOM LTD, AFFLUENT DEALCOM PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.