Tmf Holdings Limited - AA Rated (INE909H08410)

Tmf Holdings Limited, a Holding Company company, has floated Debenture, having ISIN value as INE909H08410, with a face value of ₹10,00,000 rs on 18Nov21 to raise 500 crores. The debt instrument is issued with a coupon rate of 3M TBILL LINKED 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 Unsecured Debenture is 3M TBILL LINKED UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. SERIES TMFHL NCD B FY 21-22. MATURITY DATE 18/11/2024. 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 22Nov21. CRISIL RATINGS LIMITED has given AA rating to this Debenture on 27Oct21. This issuer is formerly known as TATA MOTORS FINANCE LIMITED, TML FINANCIAL SERVICES LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.