8.01% Kkr India Asset Finance Limited - AA Rated (INE169Q07026)

Kkr India Asset Finance Limited, has floated Debenture, having ISIN value as INE169Q07026, with a face value of ₹1,00,00,000 rs on 19May21 to raise 225 crores. The debt instrument is issued with a coupon rate of 8.01% and its interest is paid Quarterly. 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 8.01% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES A . DATE OF MATURITY 19/05/2031. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 23Apr21. This issuer is formerly known as KKR INDIA ASSET FINANCE PRIVATE LIMITED, MOTICHAND FINANCE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.