Edel Finance Company Limited
Other Financial Institutions
corporate
Other Financial Institutions
corporate
Tenure
21M
Tenure
21M
About Issuer
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.
Summary
Interest
Yearly
Principal
At maturity
COUPON RATE
9.25%
FACE VALUE
₹1,00,000
MATURITY DATE
04 Jan 2028
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE241O08208
Credit rating
Rating
BWR AA-
Rating Agency
Brickwork Ratings
Date of Rating
10 Oct 2022
Rating
BWR AA-
Rating Agency
Brickwork Ratings
Date of Rating
10 Oct 2022
Other details
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