Il&fs Financial Services Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE121H07BO7, with a face value of ₹1,000 rs on 09Aug16 to raise 100 crores. The debt instrument is issued with a coupon rate of 8.54% 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 8.54% SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURES. SERIES 2017 X. DATE OF MATURITY 08/11/2019. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 19Aug16. CARE Ratings Limited has given D rating to this Debenture on 09Aug16. This issuer is formerly known as IL&FS FINVEST LIMITED, IL&FS ASSET MANAGEMNET COMPANY LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.