Summit Digitel Infrastructure Limited - AAA Rated (INE507T07054)

Summit Digitel Infrastructure Limited, a Telecom - Infrastructure company, has floated Debenture, having ISIN value as INE507T07054, with a face value of ₹10,00,000 rs on 15Mar21 to raise 5336 crores. The debt instrument is issued with a coupon rate of SBI MCLR LINKED 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 Secured Debenture is SBI MCLR LINKED + SPREAD OF 0.97% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE.SERIES PPD 5. MATURITY DATE 31/08/2032. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Quantity option. The Debenture is listed on BSE stock exchange on 17Mar21 & on NSE stock exchange on 17Mar21. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 03Mar21. This issuer is formerly known as SUMMIT DIGITEL INFRASTRUCTURE PRIVATE LIMITED, RELIANCE JIO INFRATEL PRIVATE LIMITED, RELIANCE JIO PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.