9.75% Hinduja Leyland Finance Limited - AA Rated (INE146O08209)

Hinduja Leyland Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE146O08209, with a face value of ₹10,00,000 rs on 22Apr21 to raise 50 crores. The debt instrument is issued with a coupon rate of 9.75% 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 9.75% UNSECURED RATED LISTED TAXABLE REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 21/04/2028. 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 23Apr21. CRISIL RATINGS LIMITED has given AA+ rating to this Debenture on 09Apr21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.