8.90% Srei Equipment Finance Limited - D Rated (INE872A07PY9)

Srei Equipment Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE872A07PY9, with a face value of ₹1,000 rs on 22Mar12 to raise 2 crores. The debt instrument is issued with a coupon rate of 8.90% and its interest is paid Never. 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 Bond is 8.90% Secured Non-Convertible Long Term Infrastructure Bond. Series-2. Date of Maturity 22/03/2022. This instrument is issued in Private Placement mode. It has Simple coupon type with Not Applicable option. The Bond is listed on BSE stock exchange on 30Mar12. CARE RATINGS LIMITED has given D rating to this Bond on 22Mar12. This issuer is formerly known as SREI EQUIPMENT FINANCE PRIVATE LTD, SREI INFRA DEV FINANCE PVT LTD Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.