6.20% Fullerton India Credit Company Ltd - AAA Rated (INE535H07BK6)

Fullerton India Credit Company Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE535H07BK6, with a face value of ₹10,00,000 rs on 26Mar21 to raise 150 crores. The debt instrument is issued with a coupon rate of 6.20% and its interest is paid 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 Secured Debenture is 6.20% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES 90.DATE OF MATURITY 24/03/2023. 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 30Mar21. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 22Mar21. 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.