15% Satin Creditcare Network Limited - A Rated (INE836B08269)

Satin Creditcare Network Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE836B08269, with a face value of ₹10,76,200 rs on 29Jun16 to raise 10.7679308 crores. The debt instrument is issued with a coupon rate of 15% and its interest is paid Monthly. 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 Unsecured Debenture is 15% UNSECURED REDEEMABLE NON CONVERTIBLE DEDEBENTURES. F GROUP DEBT INSTRUMENT SERIES 1-100. DATE OF MATURITY 30/09/2023.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given A rating to this Debenture on 26Dec23. This issuer is formerly known as SATIN LEASING AND FINANCE LTD. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.