Tata Motors Finance Limited - INE601U08077
Other Financial Institutions
corporate
Coupon Rate
9.95%
Maturity Date
31 May 2029
ISIN
INE601U08077
Face Value
₹10,00,000
About Issue
This AA+ rated bond from Tata Motors Finance Limited, a corporate, offers a Fixed coupon of 9.95% with maturity on 31 May 2029. Issued through the Private placement as under ISIN INE601U08077, this bond ensures strong credit quality with minimal default risk, making it a dependable option for investors seeking better returns than traditional fixed deposits, without taking on significant risk. Ideal for investors who want stable returns with high credit assurance, while benefiting from a superior yield in a short-to-medium term horizon.
Key Attributes
Rating
CARE AA+ (Stable)
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
31 May 2019
Remaining Tenure
3Y 11M
Security Name
TATA MOTORS FINANCE LIMITED SR B 9.95 NCD 31MY29 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CARE AA+ (Stable)
Date of Rating
14 Jun 2024
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