9% Kkr India Asset Finance Limited - AA Rated (INE169Q07034)

Kkr India Asset Finance Limited, has floated Debenture, having ISIN value as INE169Q07034, with a face value of ₹10,00,000 rs on 29Sep21 to raise 150 crores. The debt instrument is issued with a coupon rate of 9% 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% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES B . DATE OF MATURITY 29/09/2031. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 01Oct21. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 16Sep21. 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.