Embassy Property Developments Private Limited - C Rated (INE003L07069)

Embassy Property Developments Private Limited, a Real Estate related services company, has floated Debenture, having ISIN value as INE003L07069, with a face value of ₹5,16,480 rs on 03Apr20 to raise 275 crores. The debt instrument is issued with a coupon rate of 15% XIRR AND 7.26 GSEC LINKED 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 15% XIRR SECURED RATED LISTED REDEEMABLE TRADABLE PRINCIPAL PROTECTED G-SEC LINKED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 02/03/2030. 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 16Apr20. Acuite Ratings And Research Limited has given PP-MLD C rating to this Debenture on 24Mar20. This issuer is formerly known as EMBASSY PROPERTY DEVELOPMENTS LIMITED, EMBASSY PROPERTY DEVELOPMENTS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.