Indus Towers Ltd (formerly Bharti Infratel Ltd) - INE121J08020

Communication Services

corporate

Coupon Rate
8.20%
Maturity Date
07 Dec 2025
ISIN
INE121J08020copy
Face Value
₹10,00,000
About Issuer
This AA+ rated bond from Indus Towers Ltd (formerly Bharti Infratel Ltd), a corporate, offers a Fixed coupon of 8.2% with maturity on 07 December 2025. Issued through the Private placement as under ISIN INE121J08020, 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
CRISIL 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
07 Dec 2022
Remaining Tenure
85D
Security Name
INDUS TOWERS LIMITED SR III 8.20 LOA 07DC25 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CRISIL AA+ (Stable)
Date of Rating
23 Feb 2024
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