Utkarsh Small Finance Bank Limited - INE735W08012

Microfinance

corporate

Coupon Rate
10.58%
Maturity Date
09 Jul 2025
ISIN
INE735W08012copy
Face Value
-
About Issue
This A rated bond from Utkarsh Small Finance Bank Limited, a corporate, offers a Fixed coupon of 10.577% with maturity on 09 July 2025. Issued through the Private placement as under ISIN INE735W08012, 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 (Positive)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Quarterly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
11 Jul 2018
Remaining Tenure
0D
Security Name
Utkarsh Small Finance Bank, 10.577% 9jul2025, INR (Tranche I)
Risk Assessment
Credit Rating
Rating
CARE A (Positive)
Date of Rating
29 Sep 2022
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