Hinduja Leyland Finance Limited (INE146O08142)

Hinduja Leyland Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE146O08142, with a face value of ₹10,00,000 rs on 18Sep18 to raise 200 crores. The debt instrument is issued with a coupon rate of BASE RATE - 10 - YEAR GSEC -2028 LINKED and its interest is paid on Maturity. 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 YEAR G-SEC RATE LINKED UNSECURED RATED LISTESD REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBENTURES. SERIES 001. DATE OF MATURITY 17/09/2024. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 25Sep18. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 18Sep18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.