11.95% Ujjivan Small Finance Bank Limited - AA Rated (INE551W08013)

Ujjivan Small Finance Bank Limited, a Other Bank company, has floated Debenture, having ISIN value as INE551W08013, with a face value of ₹1,00,000 rs on 26Aug22 to raise 300 crores. The debt instrument is issued with a coupon rate of 11.95% 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 Unsecured Debenture is 11.95% UNSECURED RATED UNLISTED REDEEMABLE SUBORDINATED TIER II NON CONVERTIBLE DEBENTURES . LETTER OF ALLOTMENT. SERIES 1.DATE OF MATURITY 26/04/2028.. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given AA- rating to this Debenture on 26Aug22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.