9.80% Il&fs Tamil Nadu Power Company Limited - D Rated (INE433M07033)

Il&fs Tamil Nadu Power Company Limited, a Energy company, has floated Debenture, having ISIN value as INE433M07033, with a face value of ₹10,00,000 rs on 15Mar17 to raise 500 crores. The debt instrument is issued with a coupon rate of 9.80% 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 9.8% SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES 1A. DATE OF MATURITY 16/03/2020. 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. ICRA LIMITED has given D rating to this Debenture on 22May24. This issuer is formerly known as FACILE INTEGRATED TECHNOLOGY ENTERPRISES LTD, FACILE INTEGRATED TECHNOLOGY ENTERP. PVT. LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.