Il&fs Transportation Networks Ltd, a Civil Construction company, has floated Debenture, having ISIN value as INE975G08157, with a face value of ₹5,00,000 rs on 23Mar16 to raise 25 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.TRANCHE XIII SERIES B. LETTER OF ALLOTMENT. DATE OF MATURITY 23/06/2019. 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 23Mar16. This issuer is formerly known as CONSOLIDATED TRANS. NETWORKS LTD. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.