11.50% Esaf Small Finance Bank Limited - A Rated (INE818W08024)

Esaf Small Finance Bank Limited, a Other Bank company, has floated Bond, having ISIN value as INE818W08024, with a face value of ₹10,00,000 rs on 28Mar18 to raise 20 crores. The debt instrument is issued with a coupon rate of 11.50% and its interest is paid Semi 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 Unsecured Bond is 11.50% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BASEL III COMPLIANT TIER 2 BONDS. ESFB TIER II SERIES 2017-18. LETTER OF ALLOTMENT. DATE OF MATURITY 28/03/2025. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is listed on BSE stock exchange on 12Apr18. CARE RATINGS LIMITED has given A rating to this Bond on 28Mar18. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.