Jio Digital Fibre Private Limited - AAA Rated (INE07Z407030)

Jio Digital Fibre Private Limited, a Utilities company, has floated Debenture, having ISIN value as INE07Z407030, with a face value of ₹10,00,000 rs on 24Dec20 to raise 9342 crores. The debt instrument is issued with a coupon rate of SBI 1 YEAR MCLR RATE LINKED-REFER REMARKS and its interest is paid Monthly. 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 SBI 1 YEAR MCLR RATE LINKED AND SPREAD OF 0.60% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES PPD 3. DATE OF MATURITY 24/12/2032.. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 16Dec20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.