11.50% Il&fs Transportation Networks Ltd - D Rated (INE975G08074)

Il&fs Transportation Networks Ltd, a Civil Construction company, has floated Debenture, having ISIN value as INE975G08074, with a face value of ₹10,00,000 rs on 21Nov14 to raise 125 crores. The debt instrument is issued with a coupon rate of 11.50% 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 Unsecured Debenture is 11.50% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES TRANCHE VI. LETTER OF ALLOTMENT. DATE OF MATURITY 20/11/2019. This instrument is issued in Private Placement mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 03Dec14. CARE Ratings Limited has given D rating to this Debenture on 21Nov14. This issuer is formerly known as CONSOLIDATED TRANS. NETWORKS LTD. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.