Muthoot Fincorp Limited - AA Rated (INE549K07AM9)

Muthoot Fincorp Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE549K07AM9, with a face value of ₹1,000 rs on 07May21 to raise 59.116 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid on Maturity. 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 SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES VI.DATE OF MATURITY 05/08/2023. This instrument is issued in Public Issue mode. It has Compounding coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 11May21. CRISIL RATINGS LIMITED has given AA- rating to this Debenture on 18Mar21. This issuer is formerly known as MUTHOOT DEBT MANAGEMENT SERVICES LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.