8.49% Niif Infrastructure Finance Limited (INE246R07269)

Niif Infrastructure Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE246R07269, with a face value of ₹10,00,000 rs on 22Mar18 to raise 217 crores. The debt instrument is issued with a coupon rate of 8.49% 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 8.49% SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES IDFC IFL PP 10/2018. DATE OF MATURITY 22/08/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 27Mar18. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 22Mar18. This issuer is formerly known as IDFC INFRASTRUCTURE FINANCE LIMITED, IDFC INFRA DEBT FUND LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.