8.85% Edelweiss Asset Reconstruction Co. Ltd - A Rated (INE015L07550)

Edelweiss Asset Reconstruction Co. Ltd, a Other Financial Services company, has floated Debenture, having ISIN value as INE015L07550, with a face value of ₹1,00,000 rs on 12Sep17 to raise 60 crores. The debt instrument is issued with a coupon rate of 8.85% 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 8.85% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES I2I701A. DATE OF MATURITY 11/09/2024. 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 27Sep17. CARE Ratings Limited has given A rating to this Debenture on 12Sep17. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.