Cholamandalam Investment and Finance Company Limited - INE121A07PL8
Microfinance
corporate
Coupon Rate
N/A
Maturity Date
08 Jul 2025
ISIN
INE121A07PL8
Face Value
₹10,00,000
About Issuer
This AA+ rated bond from Cholamandalam Investment and Finance Company Limited, a corporate, offers a Fixed coupon of 0% with maturity on 08 July 2025. Issued through the Private placement as under ISIN INE121A07PL8, this bond ensures strong credit quality with minimal default risk, making it a dependable option for investors seeking better returns than traditional fixed deposits, without taking on significant risk. Ideal for investors who want stable returns with high credit assurance, while benefiting from a superior yield in a short-to-medium term horizon.
Key Attributes
Rating
[ICRA]AA+ (Stable)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Deal Details
Interest Frequency
As per Schedule
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
08 Jul 2020
Remaining Tenure
0D
Security Name
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR 589 OPT 2 NCD 08JL25 FVRS10LAC
Risk Assessment
Credit Rating
Rating
[ICRA]AA+ (Stable)
Date of Rating
21 Jul 2023
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