Cholamandalam Investment And Fin. Co. Ltd - AA Rated (INE121A07QI2)

Cholamandalam Investment And Fin. Co. Ltd, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE121A07QI2, with a face value of ₹10,00,000 rs on 11Feb22 to raise 200 crores. The debt instrument is issued with a coupon rate of 3M TBILL +210BPS 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 3M TBILL +210BPS SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURE.SERIES 614. DATE OF MATURITY 11/02/2025. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 16Feb22. ICRA LIMITED has given AA+ rating to this Debenture on 14Mar24. This issuer is formerly known as CHOLAMANDALAM DBS FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.