10.25% Hdfc Ergo General Insurance Company Limited (INE092V08028)

Hdfc Ergo General Insurance Company Limited, a Finance company, has floated Debenture, having ISIN value as INE092V08028, with a face value of ₹10,00,000 rs on 18Sep18 to raise 74 crores. The debt instrument is issued with a coupon rate of 10.25% 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 10.25% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBENTURES. SERIES 1/2018-19/AMHI. DATE OF MATURITY 18/09/2028. 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. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 18Sep18. This issuer is formerly known as HDFC GENERAL INSURANCE LIMITED, L&T GENERAL INSURANCE COMPANY LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.