Aadhar Housing Finance Limited - AA Rated (INE883F07264)

Aadhar Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE883F07264, with a face value of ₹10,00,000 rs on 15Jul22 to raise 351 crores. The debt instrument is issued with a coupon rate of 3 M MUMBAI INTER-BANK OUTRIGHT RATE LINKED and its interest is paid Quarterly. 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 3 M MUMBAI INTER-BANK OUTRIGHT RATE LINKED SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES SERIESAHFL JUNE 2029 TRANCHE 1. DATE OF MATURITY 15/06/2029.. This instrument is issued in Private Placement (non-EBP) 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 AA rating to this Debenture on 15Jul22. This issuer is formerly known as DHFL VYSYA HOUSING FINANCE LIMITED, VYSYA BANK HOUSING FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.