12.87% Fincare Small Finance Bank Limited - AA Rated (INE519Q08152)

Fincare Small Finance Bank Limited, a Other Bank company, has floated Debenture, having ISIN value as INE519Q08152, with a face value of ₹10,00,000 rs on 30Sep19 to raise 100 crores. The debt instrument is issued with a coupon rate of 12.87% 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 Debenture is 12.87% UNSECURED RATED LISTED SUBORDINATED REDEEMABLE LOWER TIER II BONDS IN THE FORM OF NON CONVERTIBLE DEDEBENTURES. DATE OF MATURITY 30/09/2025. 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 16Oct19. CARE RATINGS LIMITED has given AA rating to this Debenture on 30Sep19. This issuer is formerly known as DISHA MICROFIN LIMITED, DISHA MICROFIN PRIVATE LIMITED, BANAS FINLEASE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.