Suryoday Small Finance Bank Limited
Other Financial Institutions
corporate
Other Financial Institutions
corporate
Tenure
12M
Tenure
12M
About Issuer
This A rated bond from Suryoday Small Finance Bank Limited, a corporate, offers a Fixed coupon of 12.5% with maturity on 07 April 2027. Issued through the Private placement as under ISIN INE428Q08073, with a solid investment-grade rating, this bond offers an attractive opportunity for investors willing to accept moderate credit risk in exchange for higher yields. An ideal pick for investors aiming to boost portfolio returns, while staying within the boundaries of credible credit quality in the NBFC space.
Summary
Interest
Quarterly
Principal
At maturity
COUPON RATE
12.50%
FACE VALUE
₹10,00,000
MATURITY DATE
07 Apr 2027
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE428Q08073
Credit rating
Rating
[ICRA]A
Rating Agency
ICRA
Date of Rating
21 Mar 2023
Rating
[ICRA]A
Rating Agency
ICRA
Date of Rating
21 Mar 2023
Other details
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