Sustain Properties Private Limited - A Rated (INE203V07015)

Sustain Properties Private Limited, a Residential, Commercial Projects company, has floated Debenture, having ISIN value as INE203V07015, with a face value of ₹10,00,000 rs on 12Apr22 to raise 300 crores. The debt instrument is issued with a coupon rate of 6MTBILL LINKED 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 Secured Debenture is 6MTBILL LINKED SECURED RATED UNLISTED NON CONVERTIBLE DEBENTURE.DATE OF MATURITY 12/04/2025. This instrument is issued in Private Placement (non-EBP) mode. It has Simple coupon type with Partial Redemption By Face Value option. The Bond is Not listed on any stock exchange. CARE Ratings Limited has given A- rating to this Debenture on 04Dec22. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.