Tata Power Company Limited - INE295J08022

Power

corporate

Coupon Rate
9.90%
Maturity Date
27 Aug 2028
ISIN
INE295J08022copy
Face Value
₹10,00,000
About Issue
This AA+ rated bond from Tata Power Company Limited, a corporate, offers a Fixed coupon of 9.9% with maturity on 27 August 2028. Issued through the Private placement as under ISIN INE295J08022, 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
27 Aug 2018
Remaining Tenure
3Y 1M
Security Name
THE TATA POWER COMPANY LIMITED SR CGPLAU02 9.9 NCD 27AG28 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CARE AA+ (Stable)
Date of Rating
20 Jun 2024
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