9.15% Infrastructure Leasing & Financial Services Ltd - D Rated (INE871D07RP9)

Infrastructure Leasing & Financial Services Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE871D07RP9, with a face value of ₹10,00,000 rs on 27Jun18 to raise 150 crores. The debt instrument is issued with a coupon rate of 9.15% 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 9.15% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTRUES. SERIES - 2018 SERIES I - C OPTION II. DATE OF MATURITY 27/06/2028. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 12Jul18. INDIA RATING AND RESEARCH PVT. LTD has given D rating to this Debenture on 01Mar18. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.