Tmf Holdings Limited - AA Rated (INE909H08287)

Tmf Holdings Limited, a Holding Company company, has floated Debenture, having ISIN value as INE909H08287, with a face value of ₹10,00,000 rs on 13Nov19 to raise 525 crores. The debt instrument is issued with a coupon rate of 0% 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 Unsecured Debenture is ZERO COUPON UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES B. DATE OF MATURITY 11/11/2022. 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 25Nov19 & on BSE stock exchange on 25Nov19. ICRA LIMITED has given AA- rating to this Debenture on 30Dec22. This issuer is formerly known as TATA MOTORS FINANCE LIMITED, TML FINANCIAL SERVICES LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.