9.50% Fullerton India Credit Company Ltd - AAA Rated (INE535H08637)

Fullerton India Credit Company Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE535H08637, with a face value of ₹10,00,000 rs on 13Oct15 to raise 150 crores. The debt instrument is issued with a coupon rate of 9.50% 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 Unsecured Debenture is 9.50% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 7 (i). LETTER OF ALLOTMENT. DATE OF MATURITY 13/10/2025. 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 27Oct15 & on NSE stock exchange on 27Oct15. CARE Ratings Limited has given AAA rating to this Debenture on 13Oct15. 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.