NMDC Steel Limited - INE584A08010
Ferrous metals
corporate
Coupon Rate
7.30%
Maturity Date
28 Aug 2025
ISIN
INE584A08010
Face Value
₹10,00,000
About Issue
This A rated bond from NMDC Steel Limited, a corporate, offers a Fixed coupon of 7.3% with maturity on 28 August 2025. Issued through the Private placement as under ISIN INE584A08010, 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
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
28 Aug 2020
Remaining Tenure
28D
Security Name
NMDC STEEL LIMITED SR I 7.30 NCD 28AG25 FVRS10LAC
Risk Assessment
Credit Rating
Rating
[ICRA]A
Date of Rating
06 Feb 2023
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