5.70% Toyota Financial Services India Limited - AAA Rated (INE692Q07316)

Toyota Financial Services India Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE692Q07316, with a face value of ₹10,00,000 rs on 24Feb21 to raise 300 crores. The debt instrument is issued with a coupon rate of 5.70% 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 5.70% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE. LETTER OF ALLOTMENT. SERIES 27. DATE OF MATURITY: 07/02/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 26Feb21. ICRA LIMITED has given AAA rating to this Debenture on 27Dec23. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.