7.80% Fullerton India Credit Company Ltd - AAA Rated (INE535H07BO8)

Fullerton India Credit Company Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE535H07BO8, with a face value of ₹10,00,000 rs on 02Jun22 to raise 500 crores. The debt instrument is issued with a coupon rate of 7.80% 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 7.80% SECURED RATED LISTED NON CONVERTIBLE DEBENTURE. SERIES 94. DATE OF MATURITY 02/07/2025.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 03Jun22. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 16May22. 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.