10% Iifl Finance Limited - AA Rated (INE530B08094)

Iifl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE530B08094, with a face value of ₹1,000 rs on 24Mar21 to raise 274.6922 crores. The debt instrument is issued with a coupon rate of 10% 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 10% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE.SERIES I . DATE OF MATURITY 24/06/2028. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 25Mar21 & on NSE stock exchange on 25Mar21. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 08Feb21. 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.