Meghalaya State Electricity Board - INE760I07078
Power
corporate
Coupon Rate
10.96%
Maturity Date
17 Feb 2031
ISIN
INE760I07078
Face Value
₹10,00,000
About Issue
This A- rated bond from Meghalaya State Electricity Board, a corporate, offers a Fixed coupon of 10.96% with maturity on 17 February 2031. Issued through the Private placement as under ISIN INE760I07078, 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
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Quarterly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
18 Feb 2021
Remaining Tenure
5Y 8M
Security Name
MEGHALAYA ENERGY CORPORATION LTD SR 7 10.96 LOA 17FB31 FVRS10LAC
Risk Assessment
Credit Rating
Rating
ACUITE A- (Stable)
Date of Rating
16 Jan 2025
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