12.50% Reliance Infrastructure Limited - D Rated (INE036A07567)

Reliance Infrastructure Limited, a Energy company, has floated Debenture, having ISIN value as INE036A07567, with a face value of ₹10,00,000 rs on 08Jun18 to raise 385 crores. The debt instrument is issued with a coupon rate of 12.50% and its interest is paid Quarterly. 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 12.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES 29. DATE OF MATURITY 15/12/2021. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on NSE stock exchange on 14Jun18. INDIA RATING AND RESEARCH PVT. LTD has given D rating to this Debenture on 21Jun19. This issuer is formerly known as RELIANCE ENERGY LIMITED Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.