5.42% Hdb Financial Services Limited - AAA Rated (INE756I07EA1)

Hdb Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE756I07EA1, with a face value of ₹10,00,000 rs on 07Dec21 to raise 1050 crores. The debt instrument is issued with a coupon rate of 5.42% 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 5.42% SECURED RATED LISTED SENIOR REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES SERIES 2021 A/1(FX)/174. DATE OF MATURITY 17/01/2024. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 09Dec21. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 01Dec21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.