Nuvama Wealth Finance Limited - AA Rated (INE918K07HR0)

Nuvama Wealth Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE918K07HR0, with a face value of ₹10,00,000 rs on 09Sep21 to raise 141.8 crores. The debt instrument is issued with a coupon rate of 5.77 GSEC 2030 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 5.77 GSEC 2030 LINKED SECURED RATED LISTED PRINCIPAL PROTECTED MARKET LINKED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I3I102A.DATE OF MATURITY 07/12/2023. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 17Nov21. CRISIL RATINGS LIMITED has given PP-MLD AA- rating to this Debenture on 27Aug21. This issuer is formerly known as EDELWEISS FINANCE & INVESTMENTS LIMITED, EDELWEISS FINANCE & INVESTMENTS PVT Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.