Meghalaya State Electricity Board - INE760I07029

Power

corporate

Coupon Rate
11.45%
Maturity Date
27 Aug 2029
ISIN
INE760I07029copy
Face Value
₹10,00,000
About Issue
This A- rated bond from Meghalaya State Electricity Board, a corporate, offers a Fixed coupon of 11.45% with maturity on 27 August 2029. Issued through the Private placement as under ISIN INE760I07029, 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
ACUITE A- (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Deal Details
Interest Frequency
Quarterly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
28 Aug 2019
Remaining Tenure
4Y 2M
Security Name
MEGHALAYA ENERGY CORPORATION LTD SR SECOND 11.45 BD 27AG29 FVRS10LAC
Risk Assessment
Credit Rating
Rating
ACUITE A- (Stable)
Date of Rating
16 Jan 2025
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