Arcelormittal Nippon Steel India Limited, a Industrial company, has floated Debenture, having ISIN value as INE127A07242, with a face value of ₹10,00,000 rs on 13Jun11 to raise 1000 crores. The debt instrument is issued with a coupon rate of 13.40% 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 Secured Debenture is 13.40% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT.DATE OF MATURITY: 31/03/2021. 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 CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 12Aug19. This issuer is formerly known as ESSAR STEEL INDIA LIMITED, ESSAR STEEL LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.