8% Hdfc Credila Financial Services Limited - AA Rated (INE539K07148)

Hdfc Credila Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE539K07148, with a face value of ₹10,00,000 rs on 31Jan20 to raise 200 crores. The debt instrument is issued with a coupon rate of 8% 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 8% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 31/01/2025. 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 12Feb20. CRISIL RATINGS LIMITED has given AA+ rating to this Debenture on 24Jan20. This issuer is formerly known as HDFC CREDILA FINANCIAL SERVICES PRIVATE LIMITED, CREDILA FINANCIAL SERVICES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.