Edel Finance Company Limited - INE241O07EE4

Other Financial Institutions

corporate

Coupon Rate
8.80%
Maturity Date
16 Jun 2027
ISIN
INE241O07EE4copy
Face Value
₹1,00,000
About Issuer
This A+ rated bond from from Edel Finance Company Limited, a corporate, offers a Fixed coupon of 8.8% with maturity on 16 June 2027. Issued through the Private placement as under ISIN INE241O07EE4, rated as a moderately high credit quality instrument, it offers a compelling opportunity for investors seeking a balance between safety and enhanced yield. Well-suited for investors with a moderately conservative risk appetite, this bond provides better income potential than top-rated instruments, while maintaining a strong credit profile.
Key Attributes
Rating
[ICRA]A+ (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
21 Jun 2017
Remaining Tenure
21M
Security Name
Edel Finance Company, 8.8% 16jun2027, INR (F7F702A)
Risk Assessment
Credit Rating
Rating
[ICRA]A+ (Stable)
Date of Rating
22 Jun 2023
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