Kaithal Tollway Limited, a Utilities company, has floated Debenture, having ISIN value as INE972R07013, with a face value of ₹97,032 rs on 30Jan19 to raise 550 crores. The debt instrument is issued with a coupon rate of 9.75% 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 Secured Debenture is 9.75% SECURED UNRATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. MATURITY DATE - 01/06/2034. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. INDIA RATING AND RESEARCH PVT. LTD has given AA- rating to this Debenture on 18Apr19. This issuer is formerly known as KAITHAL TOLLWAY PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.