7.45% Hinduja Leyland Finance Limited - AA Rated (INE146O07474)

Hinduja Leyland Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE146O07474, with a face value of ₹10,00,000 rs on 08Mar22 to raise 200 crores. The debt instrument is issued with a coupon rate of 7.45% 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 7.45% SECURED RATED LISTED SENIOR REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 08/03/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 11Mar22. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 22Feb22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.