9.10% Jm Financial Credit Solutions Limited - AA Rated (INE651J07770)

Jm Financial Credit Solutions Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE651J07770, with a face value of ₹3,33,330 rs on 16Jun20 to raise 33.3334 crores. The debt instrument is issued with a coupon rate of 9.10% 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 9.10% SECURED, RATED LISTED REDEEMABLE, NON CONVERTIBLE DEBENTURES. TRANCHE AW 2020 (XVIII) . DATE OF MATURITY 16/06/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 22Jun20. INDIA RATING AND RESEARCH PVT. LTD has given AA rating to this Debenture on 08Jun20. 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.