8.70% Future Lifestyle Fashions Limited - D Rated (INE452O07054)

Future Lifestyle Fashions Limited, a Speciality Retail company, has floated Debenture, having ISIN value as INE452O07054, with a face value of ₹10,00,000 rs on 09Nov17 to raise 350 crores. The debt instrument is issued with a coupon rate of 8.70% 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 8.70% SECURED LISTED RATED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES IV. DATE OF MATURITY 08/11/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CRISIL RATINGS LIMITED has given D rating to this Debenture on 17Nov20. This issuer is formerly known as FUTURE VALUE FASHION RETAIL LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.