9.50% Taquito Lease Operators Private Limited - D Rated (INE496Z07024)

Taquito Lease Operators Private Limited, a Basic Materials company, has floated Debenture, having ISIN value as INE496Z07024, with a face value of ₹10,00,000 rs on 04May18 to raise 255 crores. The debt instrument is issued with a coupon rate of 9.50% 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 9.50% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 03/05/2026.. 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. Acuite Ratings And Research Limited has given D rating to this Debenture on 16Sep17. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.