8.70% Edelweiss Rural & Corporate Services Limited - AA Rated (INE616U07036)

Edelweiss Rural & Corporate Services Limited, a Investment Company company, has floated Debenture, having ISIN value as INE616U07036, with a face value of ₹10,00,000 rs on 30Jun17 to raise 400 crores. The debt instrument is issued with a coupon rate of 8.70% 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 8.70% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 30/06/2027. 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 24Jul17. CRISIL RATINGS LIMITED has given AA- rating to this Debenture on 19Jun17. This issuer is formerly known as EDELWEISS COMMODITIES SERVICES LIMITED, COMFORT PROJECTS LIMITED, COMFORT PROJECTS PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.