9.19% Karnataka State Financial Corporation - AA Rated (INE549F08525)

Karnataka State Financial Corporation, a Non-Banking Financial Company (NBFC) company, has floated Bond, having ISIN value as INE549F08525, with a face value of ₹7,00,000 rs on 01Sep14 to raise 250 crores. The debt instrument is issued with a coupon rate of 9.19% and its interest is paid Semi 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 Bond is 9.19% UNSECURED REDEEMABLE NON CONVERTIBLE TAXABLE BONDS IN THE NATURE OF DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 01/09/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is listed on BSE stock exchange on 11Sep14 & on NSE stock exchange on 11Sep14. CRISIL RATINGS LIMITED has given AA- (CE) rating to this Bond on 28Jul14. This issuer is formerly known as MYSORE STATE FINANCIAL CORPORATION Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.