Sammaan Finserve Limited (formerly Indiabulls Commercial Credit Limited, Indiabulls Infrastructure Credit Limited) - INE244L08018

Other Financial Institutions

corporate

Coupon Rate
8.45%
Maturity Date
08 Nov 2027
ISIN
INE244L08018copy
Face Value
₹1,00,000
About Issue
This AA- rated bond from Sammaan Finserve Limited (formerly Indiabulls Commercial Credit Limited, Indiabulls Infrastructure Credit Limited), a corporate, offers a Fixed coupon of 8.45% with maturity on 08 November 2027. Issued through the Private placement as under ISIN INE244L08018, 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
CARE AA- (Stable)
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
-
Allotment Date
08 Nov 2017
Remaining Tenure
2Y 4M
Security Name
INDIABULLS COMMERCIAL CREDIT LIMITED 8.45 NCD 08NV27 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CARE AA- (Stable)
Date of Rating
08 Oct 2024
Could not find what you were looking for?
Loading featured bonds...
app-store