Spandana Sphoorty Financial Limited - INE572J07711

Microfinance

corporate

Coupon Rate
9.84%
Maturity Date
28 Jun 2026
ISIN
INE572J07711copy
Face Value
₹1,00,000
About Issue
This A rated bond from Spandana Sphoorty Financial Limited, a corporate, offers a Fixed coupon of 9.84% with maturity on 28 June 2026. Issued through the Private placement as under ISIN INE572J07711, 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
CARE A (Negative)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Monthly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
75.00 Cr
Allotment Date
12 Sep 2024
Remaining Tenure
11M
Security Name
SPANDANA SPHOORTY FINANCIAL LIMITED 9.84 NCD 28JU26 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CARE A (Negative)
Date of Rating
03 Feb 2025
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