10.50% Iifl Finance Limited - AA Rated (INE866I08295)

Iifl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE866I08295, with a face value of ₹1,000 rs on 07Feb19 to raise 15.4479 crores. The debt instrument is issued with a coupon rate of 10.50% 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 10.50% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES VI. MATURITY DATE - 26/02/2029. 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 08Feb19 & on BSE stock exchange on 08Feb19. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 09Jan19. 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.