11.50% Reliance Infrastructure Limited - D Rated (INE036A07294)

Reliance Infrastructure Limited, a Energy company, has floated Debenture, having ISIN value as INE036A07294, with a face value of ₹10,00,000 rs on 21Jan14 to raise 600 crores. The debt instrument is issued with a coupon rate of 11.50% 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 11.50% SECURED NON CONVERTIBLE DEBENTURES. SERIES 18. LETTER OF ALLOTMENT. DATE OF MATURITY 21/01/2022. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Debenture is listed on NSE stock exchange on 05Feb14 & on BSE stock exchange on 05Feb14. CARE Ratings Limited has given D rating to this Debenture on 21Jan14. This issuer is formerly known as RELIANCE ENERGY LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.