Cholamandalam Investment and Finance Company Limited

Microfinance

corporate

Tenure
15M
About Issuer
This AA+ rated bond from Cholamandalam Investment and Finance Company Limited, a corporate, offers a Fixed coupon of 8.78% with maturity on 18 June 2027. Issued through the Private placement as under ISIN INE121A08OD6, 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.
Summary
Interest
Interest
Yearly
Principal
Principal
At maturity
COUPON RATE
8.78%
FACE VALUE
₹10,00,000
MATURITY DATE
18 Jun 2027
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE121A08OD6
Credit rating
Rating
[ICRA]AA+
Rating Agency
ICRA
Date of Rating
21 Jul 2023
Other details
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