9% Wonder Home Finance Limited - A Rated (INE02EM08017)

Wonder Home Finance Limited, a Utilities company, has floated Debenture, having ISIN value as INE02EM08017, with a face value of ₹57,00,00,000 rs on 23Feb21 to raise 57 crores. The debt instrument is issued with a coupon rate of 9% 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 9% UNSECURED UNLISTED RATED NON CONVERTIBLE DEBENTURE. DATE OF MATURITY 30/06/2029. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given A rating to this Debenture on 21Feb21. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.