14% Exclusive Leasing And Finance Private Limited (INE05OF07015)

Exclusive Leasing And Finance Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE05OF07015, with a face value of ₹10,00,000 rs on 28Aug20 to raise 5.5 crores. The debt instrument is issued with a coupon rate of 14% 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 14% SECURED, UNLISTED NOT GUARANTEED, SUBORDINATE - TIER 1, TAXABLE, NON CUMULATIVE, UNRATED, REDEEMABLE, NON CONVERTIBLE DEBENTURES SERIES - 1/2020-2021. DATE OF MATURITY 27/08/2025. 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. This debt instrument is Unrated. This issuer is formerly known as EXCLUSIVE LEASING AND FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.