9.75% Ifci Limited - BB Rated (INE039A09PR5)

Ifci Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE039A09PR5, with a face value of ₹10,00,000 rs on 26Apr13 to raise 350 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 Bond is 9.75% UNSECURED REDEEMABLE NON CONVERTIBLE BONDS SERIES 60 (OPTION-I). LETTER OF ALLOTMENT. DATE OF MATURITY 26/04/2028. 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 BB rating to this Bond on 26Apr13. This issuer is formerly known as THE INDUSTRIAL FINANCE CORPORATION OF INDIA LIMITED Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.