Kkr India Asset Finance Limited - AA Rated (INE169Q07042)

Kkr India Asset Finance Limited, has floated Debenture, having ISIN value as INE169Q07042, with a face value of ₹10,00,000 rs on 03Feb22 to raise 100 crores. The debt instrument is issued with a coupon rate of TBILL LINKED and its interest is paid Semi 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 TBILL LINKED SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES C. DATE OF MATURITY 03/02/2027. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 20Jan22. 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.