8.59% Iifl Home Finance Limited - AA Rated (INE477L07AT6)

Iifl Home Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE477L07AT6, with a face value of ₹10,00,000 rs on 25Feb22 to raise 433.3 crores. The debt instrument is issued with a coupon rate of 8.59% and its interest is paid Semi 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 8.585% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES AD I.DATE OF MATURITY 25/02/2030. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 16Dec21. This issuer is formerly known as INDIA INFOLINE HOUSING FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.