L&t Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE523E08NH8, with a face value of ₹10,00,000 rs on 21Dec12 to raise 275 crores. The debt instrument is issued with a coupon rate of 9.80% 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 9.80% Unsecured Non Convertible Subordinated (Tier II) Debentures. Date of Maturity - 21/12/2022. 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 07Apr17. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 21Dec12. This issuer is formerly known as FAMILY CREDIT LIMITED, APEEJAY FINANCE GROUP LIMITED, APEEJAY FINANCE GROUP PRIVATE LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.