10.70% Fusion Micro Finance Limited - A Rated (INE139R07399)

Fusion Micro Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE139R07399, with a face value of ₹10,00,000 rs on 16Mar18 to raise 63 crores. The debt instrument is issued with a coupon rate of 10.70% 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 Secured Debenture is 10.70% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEDEBENTURES. SERIES 1-630. DATE OF MATURITY 16/03/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given A+ rating to this Debenture on 16May24. This issuer is formerly known as FUSION MICROFINANCE PRIVATE LIMITED, AMBIENCE FINCAP PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.