8.60% Iifl Finance Limited - AA Rated (INE530B07203)

Iifl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE530B07203, with a face value of ₹10,00,000 rs on 24Mar22 to raise 60 crores. The debt instrument is issued with a coupon rate of 8.60% 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 8.60% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES D16 OPTION A. DATE OF MATURITY 24/03/2032. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 29Mar22. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 14Mar22. 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.