5.10% Toyota Financial Services India Limited - AAA Rated (INE692Q07308)

Toyota Financial Services India Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE692Q07308, with a face value of ₹10,00,000 rs on 28Dec20 to raise 250 crores. The debt instrument is issued with a coupon rate of 5.10% 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 5.10% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES 26. DATE OF MATURITY: 28/12/2023. 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 30Dec20. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 10Dec20. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.