6.75% Muthoot Finance Limited - AA Rated (INE414G07GE8)

Muthoot Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE414G07GE8, with a face value of ₹1,000 rs on 05May22 to raise 52.6671 crores. The debt instrument is issued with a coupon rate of 6.75% and its interest is paid Monthly. 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 6.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES XXVI- OPTION II. DATE OF MATURITY 05/05/2027. 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. ICRA LIMITED has given AA+ rating to this Debenture on 01Jul24. This issuer is formerly known as MUTHOOT FINANCE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.