Spandana Sphoorty Financial Limited - INE572J07323
Microfinance
corporate
Coupon Rate
11.49%
Maturity Date
12 Mar 2027
ISIN
INE572J07323
Face Value
₹5,00,000
About Issue
This A rated bond from Spandana Sphoorty Financial Limited, a corporate, offers a Fixed coupon of 11.48661% with maturity on 12 March 2027. Issued through the Private placement as under ISIN INE572J07323, 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.
Key Attributes
Rating
[ICRA]A (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Half Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
12 Mar 2021
Remaining Tenure
20M
Security Name
Spandana Sphoorty Financial, 11.48661% 12mar2027, INR
Risk Assessment
Credit Rating
Rating
[ICRA]A (Stable)
Date of Rating
18 Aug 2023
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