Fullerton India Credit Company Ltd - AAA Rated (INE535H07BJ8)

Fullerton India Credit Company Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE535H07BJ8, with a face value of ₹10,00,000 rs on 02Feb21 to raise 150 crores. The debt instrument is issued with a coupon rate of G-SEC LINK and its interest is paid on Maturity. 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 10 YEAR GSEC LINKED SECURED RATED LISTED PRINCIPAL PROTECTED MARKET LINKED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES 2.DATE OF MATURITY 02/02/2024.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 04Feb20. CRISIL RATINGS LIMITED has given PP-MLD AAA rating to this Debenture on 15Jan21. This issuer is formerly known as FIRST INDIA CREDIT CORPORATION LTD, DOVE FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.