Cholamandalam Investment and Finance Company Limited - INE121A08OC8
Microfinance
corporate
Coupon Rate
8.80%
Maturity Date
15 Jun 2027
ISIN
INE121A08OC8
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 8.8% with maturity on 15 June 2027. Issued through the Private placement as under ISIN INE121A08OC8, 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
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
15 Jun 2017
Remaining Tenure
21M
Security Name
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR- SD52 8.8 NCD 15JU27 FVRS10LAC
Risk Assessment
Credit Rating
Rating
[ICRA]AA+ (Stable)
Date of Rating
29 Jun 2021
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