10.25% Reliance Broadcast Network Limited - D Rated (INE445K07189)

Reliance Broadcast Network Limited, a Telecommunications company, has floated Debenture, having ISIN value as INE445K07189, with a face value of ₹10,00,000 rs on 14Sep16 to raise 50 crores. The debt instrument is issued with a coupon rate of 10.25% and its interest is paid Quarterly. 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 10.25% SECURED REDEEMABLE NON CONVERTIBLE RATED UNLISTED DEBENTURES. DATE OF MATURITY 13/09/2019. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given D rating to this Debenture on 14Sep16. This issuer is formerly known as RELIANCE MEDIA WORLD LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.