8.75% Reliance Capital Limited - D Rated (INE013A077P3)

Reliance Capital Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE013A077P3, with a face value of ₹10,00,000 rs on 03Nov17 to raise 170 crores. The debt instrument is issued with a coupon rate of 8.75% 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 8.75% SECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. RCL F SERIES B/381 TYPE II. DATE OF MATURITY 03/11/2022. 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 20Nov17. CARE Ratings Limited has given D rating to this Debenture on 03Nov17. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.