Citicorp Finance (india) Limited
, a Non-Banking Financial Company (NBFC) company, has floated Debenture,
having ISIN value as INE915D08CR0, with a face value of ₹10,00,000 rs on 08Mar22 to raise 50 crores. The debt instrument
is issued with a coupon rate of 5.75% and its interest is paid
on Maturity. 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 5.75% UNSECURED RATED LISTED NON CONVERTIBLE DEBENTURE. 2022/03/796 TRANCHE 1.DATE OF MATURITY 29/03/2024. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type
with Full Redemption option. The Debenture is listed on NSE stock
exchange on 10Jan22. CRISIL RATINGS LIMITED has given AAA rating to
this Debenture on 01Mar22. This issuer is formerly known as CITIFINANCIAL CONSUMER FIN. IND.LTD, ASSOCIATES INDIA FIN.SERVICES LTD, ASSOCIATES INDIA FINANCIAL SERVICES PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.