Hdb Financial Services Limited - AAA Rated (INE756I07DR7)

Hdb Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE756I07DR7, with a face value of ₹10,00,000 rs on 03Aug21 to raise 750 crores. The debt instrument is issued with a coupon rate of 3M TBILL LINKED 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 3M TBILL LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES 2021 A/1(FO)/167. DATE OF MATURITY 02/08/2024. 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 05Aug21. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 15Jul21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.