Edel Finance Company Limited - INE241O08208

Other Financial Institutions

corporate

Coupon Rate
9.25%
Maturity Date
04 Jan 2028
ISIN
INE241O08208copy
Face Value
₹1,00,000
About Issue
This AA- rated bond from Edel Finance Company Limited, a corporate, offers a Fixed coupon of 9.25% with maturity on 04 January 2028. Issued through the Private placement as under ISIN INE241O08208, 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
BWR AA- (Negative)
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
50.00 Cr
Allotment Date
27 Dec 2018
Remaining Tenure
2Y 6M
Security Name
EDEL FINANCE COMPANY LIMITED SR- A8A801A 9.25 NCD 04JN28 FVRS1LAC
Risk Assessment
Credit Rating
Rating
BWR AA- (Negative)
Date of Rating
10 Oct 2022
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