Spandana Sphoorty Financial Limited

Microfinance

corporate

Tenure
24M
About Issuer
This A rated bond from Spandana Sphoorty Financial Limited, a corporate, offers a Fixed coupon of 11.85% with maturity on 24 March 2028. Issued through the Private placement as under ISIN INE572J07398, 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
Interest
Half Yearly
Principal
Principal
At maturity
COUPON RATE
11.85%
FACE VALUE
₹10,00,000
MATURITY DATE
24 Mar 2028
SECTOR
corporate
COLLATERAL SECURITY
Secured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE572J07398
Credit rating
Rating
IND A
Rating Agency
India Ratings and Research
Date of Rating
25 Aug 2022
Other details
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