Cholamandalam Investment and Finance Company Limited - INE121A07QU7
Microfinance
corporate
Coupon Rate
8.30%
Maturity Date
12 Dec 2025
ISIN
INE121A07QU7
Face Value
₹10,00,000
About Issue
This AA+ rated bond from Cholamandalam Investment and Finance Company Limited, a corporate, offers a Fixed coupon of 8.3% with maturity on 12 December 2025. Issued through the Private placement as under ISIN INE121A07QU7, 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
CARE AA+ (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
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
12 Dec 2022
Remaining Tenure
135D
Security Name
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR 632 8.3 NCD 12DC25 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CARE AA+ (Stable)
Date of Rating
02 Apr 2025
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