8.70% Il&fs Financial Services Limited - D Rated (INE121H07CC0)

Il&fs Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE121H07CC0, with a face value of ₹1,000 rs on 03May18 to raise 100 crores. The debt instrument is issued with a coupon rate of 8.70% and its interest is paid on Maturity. 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 8.70% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES 2019 III. DATE OF MATURITY 03/05/2025. 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 14May18. INDIA RATING AND RESEARCH PVT. LTD has given D rating to this Debenture on 27Nov17. This issuer is formerly known as IL&FS FINVEST LIMITED, IL&FS ASSET MANAGEMNET COMPANY LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.