9% Muthoot Fincorp Limited - AA Rated (INE549K08202)

Muthoot Fincorp Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE549K08202, with a face value of ₹1,000 rs on 15Mar21 to raise 26.8897 crores. The debt instrument is issued with a coupon rate of 9% and its interest is paid Monthly. 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% UNSECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES IV.DATE OF MATURITY 15/03/2027. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 18Mar21. CRISIL RATINGS LIMITED has given AA- rating to this Debenture on 03Feb21. This issuer is formerly known as MUTHOOT DEBT MANAGEMENT SERVICES LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.