5.78% Trent Limited - AA Rated (INE849A08082)

Trent Limited, a Consumer Goods including FMGC company, has floated Debenture, having ISIN value as INE849A08082, with a face value of ₹10,00,000 rs on 31May21 to raise 500 crores. The debt instrument is issued with a coupon rate of 5.78% 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 Unsecured Debenture is 5.78% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. DATE OF MATURITY 29/05/2026. 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 02Jun21. CARE RATINGS LIMITED has given AA+ rating to this Debenture on 31May21. This issuer is formerly known as LAKME LIMITED (OLD NAME) Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.