2% Edelweiss Asset Reconstruction Co. Ltd - A Rated (INE015L07667)

Edelweiss Asset Reconstruction Co. Ltd, a Other Financial Services company, has floated Debenture, having ISIN value as INE015L07667, with a face value of ₹1,58,620 rs on 29Mar19 to raise 11.1988544 crores. The debt instrument is issued with a coupon rate of 2% 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 2% SECURED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 28/03/2029. 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. CRISIL RATINGS LIMITED has given A+ rating to this Debenture on 13Mar19. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.