Thane Creek Bridge Infrastructure Limited, has floated Bond, having ISIN value as INE0KPD07018, with a face value of ₹10,00,000 rs on 16Feb22 to raise 98 crores. The debt instrument is issued with a coupon rate of 8.90% 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 Bond is 8.90% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE BONDS. SERIES I (2021-22). DATE OF MATURITY 30/03/2035. 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 AA- rating to this Bond on 11Feb22. Neither the Principal nor the Interest is covered for this Bond. Yes, this debt instrument is Perpetual In Nature.