Muthoot Fincorp Limited - AA Rated (INE549K07AQ0)

Muthoot Fincorp Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE549K07AQ0, with a face value of ₹1,00,000 rs on 29Jun21 to raise 300 crores. The debt instrument is issued with a coupon rate of GSEC LINKED 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 GSEC LINKED SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES IX.DATE OF MATURITY 03/01/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 06Jul21. CRISIL RATINGS LIMITED has given PP-MLD AA+ (CE) rating to this Debenture on 28Jun21. 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.