9.85% Iifl Finance Limited - AA Rated (INE866I07CM7)

Iifl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE866I07CM7, with a face value of ₹1,000 rs on 06Sep19 to raise 65.1082 crores. The debt instrument is issued with a coupon rate of 9.85% 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 9.85% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. SERIES IV. DATE OF MATURITY 06/12/2022. 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 09Sep19 & on NSE stock exchange on 09Sep19. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 10Jul19. 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.