Tata Power Company Limited - INE245A08257

Power

corporate

Coupon Rate
7.75%
Maturity Date
08 Jan 2030
ISIN
INE245A08257copy
Face Value
₹10,00,000
About Issue
This AA rated bond from Tata Power Company Limited, a corporate, offers a Fixed coupon of 7.75% with maturity on 08 January 2030. Issued through the Private placement as under ISIN INE245A08257, 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)
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
29 Dec 2022
Remaining Tenure
4Y 6M
Security Name
THE TATA POWER COMPANY LIMITED SR I TPCLDC01 7.75 NCD 08JN30 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CRISIL AA (Stable)
Date of Rating
21 Nov 2023
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