8.50% Ifci Limited - BB Rated (INE039A09OU2)

Ifci Limited, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE039A09OU2, with a face value of ₹5,000 rs on 12Apr12 to raise 77.727 crores. The debt instrument is issued with a coupon rate of 8.50% and its interest is paid on Maturity. 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 Bond is 8.5% Unsecured Non Convertible LONG TERM INFRASTRUCTURE BONDS. Letter of Allotment. Series - V Option - I . Date of Maturity : 31/03/2024. This instrument is issued in Unknown mode. It has Simple coupon type with Partial Redemption By Quantity option. The Bond is listed on BSE stock exchange on 18May12. CARE Ratings Limited has given BB rating to this Bond on 31Mar12. This issuer is formerly known as THE INDUSTRIAL FINANCE CORPORATION OF INDIA LIMITED Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.