Spandana Sphoorty Financial Limited - INE572J07752

Microfinance

corporate

Coupon Rate
10.75%
Maturity Date
15 Apr 2027
ISIN
INE572J07752copy
Face Value
₹81,818.18
About Issuer
This A rated bond from Spandana Sphoorty Financial Limited, a corporate, offers a Floating coupon of 10.75% with maturity on 15 April 2027. Issued through the Private placement as under ISIN INE572J07752, 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)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Quarterly
Principal Frequency
-
Coupon Type
Floating
Sector
corporate
Total Issue Size
-
Allotment Date
05 Sep 2024
Remaining Tenure
20M
Security Name
SPANDANA SPHOORTY FINANCIAL LIMITED 10.75 NCD 15AP27 FVRS81818.18
Risk Assessment
Credit Rating
Rating
CARE A (Negative)
Date of Rating
04 Apr 2025
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