0% Il&fs Energy Development Company Limited - D Rated (INE938L08049)

Il&fs Energy Development Company Limited, a Energy company, has floated Debenture, having ISIN value as INE938L08049, with a face value of ₹10,00,000 rs on 07Jun16 to raise 150 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. 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 ZERO COUPON UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 07/06/2019. 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. CARE Ratings Limited has given D rating to this Debenture on 28Jun16. This issuer is formerly known as IL&FS POWER DEVELOPMENT COMPANY LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.