6.20% Sundaram Home Finance Limited - AAA Rated (INE667F07HY9)

Sundaram Home Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE667F07HY9, with a face value of ₹10,00,000 rs on 16Oct20 to raise 150 crores. The debt instrument is issued with a coupon rate of 6.20% 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 6.20% SECURED LISTED RATED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES - OCTOBER 2020 322. DATE OF MATURITY 16/11/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 02Nov20. ICRA LIMITED has given AAA rating to this Debenture on 15Dec23. This issuer is formerly known as SUNDARAM BNP PARIBAS HOME FINANCE LIMITED, SUNDARAM HOME FINANCE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.