7.75% Sundaram Home Finance Limited - AAA Rated (INE667F07HR3)

Sundaram Home Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE667F07HR3, with a face value of ₹10,00,000 rs on 13Feb20 to raise 100 crores. The debt instrument is issued with a coupon rate of 7.75% 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 Secured Debenture is 7.75% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES FEBRUARY 2020 - 315. DATE OF MATURITY 13/02/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 26Feb20 & on BSE stock exchange on 26Feb20. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 14Jan20. This issuer is formerly known as SUNDARAM BNP PARIBAS HOME FINANCE LIMITED, SUNDARAM HOME FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.