Spandana Sphoorty Financial Limited - INE572J07414

Microfinance

corporate

Coupon Rate
12.29%
Maturity Date
01 Aug 2028
ISIN
INE572J07414copy
Face Value
₹10,00,000
About Issue
This A rated bond from Spandana Sphoorty Financial Limited, a corporate, offers a Fixed coupon of 12.29% with maturity on 01 August 2028. Issued through the Private placement as under ISIN INE572J07414, 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
01 Aug 2022
Remaining Tenure
3Y 1M
Security Name
SPANDANA SPHOORTY FINANCIAL LIMITED 12.29 NCD 01AG28 FVRS10LAC
Risk Assessment
Credit Rating
Rating
[ICRA]A (Stable)
Date of Rating
18 Aug 2023
Could not find what you were looking for?
Loading featured bonds...
app-store