8.75% Srei Equipment Finance Limited - D Rated (INE872A07UO0)

Srei Equipment Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE872A07UO0, with a face value of ₹1,000 rs on 16Mar18 to raise 59.6577 crores. The debt instrument is issued with a coupon rate of 8.75% 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 Secured Debenture is 8.75% SECURED RATED LISTED REDEEMABLE NON-CONVERTIBLE DEBENTURE. SERIES IV. LETTER OF ALLOTMENT. DATE OF MATURITY 16/03/2021. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 27Feb20 & on NSE stock exchange on 27Feb20. BRICKWORK RATINGS INDIA PRIVATE LIMITED has given D rating to this Debenture on 05Feb18. This issuer is formerly known as SREI EQUIPMENT FINANCE PRIVATE LTD, SREI INFRA DEV FINANCE PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.