12.60% Visage Holdings And Finance Private Limited - BBB Rated (INE200W07183)

Visage Holdings And Finance Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE200W07183, with a face value of ₹10,00,000 rs on 25May18 to raise 32 crores. The debt instrument is issued with a coupon rate of 12.60% and its interest is paid Semi 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 12.60% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. MEF SERIES DEBT INSTRUMENTS SERIES 1-320. DATE OF MATURITY 31/12/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given BBB rating to this Debenture on 15Sep23. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.