8.90% Il&fs Financial Services Limited - D Rated (INE121H08164)

Il&fs Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE121H08164, with a face value of ₹1,000 rs on 23Apr18 to raise 100 crores. The debt instrument is issued with a coupon rate of 8.90% 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 8.90% UNSECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES 2019 II DATE OF MATURITY 23/04/2028. 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 08May18. 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.