8.75% Iifl Finance Limited - AA Rated (INE530B07179)

Iifl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE530B07179, with a face value of ₹1,000 rs on 14Oct21 to raise 136.0829 crores. The debt instrument is issued with a coupon rate of 8.75% 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 Secured Debenture is 8.75% SECURED RATED ANNUALLY LISTED REDEEMABLE SENIOR NON CONVERTIBLE DEBENTURES. SERIES VI. DATE OF MATURITY 14/10/2026. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 18Oct21 & on BSE stock exchange on 18Oct21. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 09Sep21. This issuer is formerly known as IIFL HOLDINGS LIMITED, INDIA INFOLINE LIMITED, INDIA INFOLINE.COM LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.