5.70% Sbi Cards And Payment Services Limited - AAA Rated (INE018E08243)

Sbi Cards And Payment Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE018E08243, with a face value of ₹10,00,000 rs on 10May21 to raise 455 crores. The debt instrument is issued with a coupon rate of 5.70% 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 Unsecured Debenture is 5.70% UNSECURED RATED LISTED TAXABLE SENIOR REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 24. DATE OF MATURITY 10/05/2024.. 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 12May21. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 04May21. This issuer is formerly known as SBI CARDS & PAYMENT SERVICES PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.