9.45% Il&fs Transportation Networks Ltd - D Rated (INE975G08306)

Il&fs Transportation Networks Ltd, a Civil Construction company, has floated Debenture, having ISIN value as INE975G08306, with a face value of ₹10,00,000 rs on 27Apr18 to raise 75 crores. The debt instrument is issued with a coupon rate of 9.45% 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 Unsecured Debenture is 9.45% RATED LISTED UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. TRANCHE XXV OPTION III. DATE OF MATURITY 27/04/2028. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 11May18. ICRA LIMITED has given D rating to this Debenture on 20Oct23. 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.