9.50% Jm Financial Credit Solutions Limited - AA Rated (INE651J07606)

Jm Financial Credit Solutions Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE651J07606, with a face value of ₹1,000 rs on 07Jun18 to raise 365.3143 crores. The debt instrument is issued with a coupon rate of 9.50% 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 9.50% SECURED RATED LISTED REDEEMABLE NON COVNERTIBEL DEBENTURES. TRANCHE I OPTION III. DATE OF MATURITY 07/06/2023. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given AA rating to this Debenture on 27Apr18. This issuer is formerly known as FICS CONSULTANCY SERVICES LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.