10.75% Clix Housing Finance Limited - AA Rated (INE0DLP07016)

Clix Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE0DLP07016, with a face value of ₹10,00,000 rs on 23Jul20 to raise 20 crores. The debt instrument is issued with a coupon rate of 10.75% and its interest is paid 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 10.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 23/07/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 06Aug20. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given AA- rating to this Debenture on 17Jul20. This issuer is formerly known as CLIX HOUSING FINANCE PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.