Tata Power Renewable Energy Limited - INE607M08097
Power
corporate
Coupon Rate
7.93%
Maturity Date
26 Jun 2029
ISIN
INE607M08097
Face Value
₹1,00,000
About Issue
This AA+ rated bond from Tata Power Renewable Energy Limited, a corporate, offers a Fixed coupon of 7.93% with maturity on 26 June 2029. Issued through the Private placement as under ISIN INE607M08097, 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
26 Jun 2024
Remaining Tenure
4Y
Security Name
TATA POWER RENEWABLE ENERGY LIMITED SR I 7.93 NCD 26JU29 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CARE AA+ (Stable)
Date of Rating
09 Apr 2025
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