ECL Finance Ltd.
Other Financial Institutions
corporate
Other Financial Institutions
corporate
Tenure
33D
Tenure
33D
About Issuer
This A+ rated bond from from ECL Finance Ltd., a corporate, offers a Fixed coupon of 9.6% with maturity on 11 May 2026. Issued through the Private placement as under ISIN INE804I07V09, rated as a moderately high credit quality instrument, it offers a compelling opportunity for investors seeking a balance between safety and enhanced yield. Well-suited for investors with a moderately conservative risk appetite, this bond provides better income potential than top-rated instruments, while maintaining a strong credit profile.
Summary
Interest
Yearly
Principal
At maturity
COUPON RATE
9.60%
FACE VALUE
₹10,00,000
MATURITY DATE
11 May 2026
SECTOR
corporate
COLLATERAL SECURITY
Secured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE804I07V09
Credit rating
Rating
[ICRA]A+
Rating Agency
ICRA
Date of Rating
22 Jun 2023
Rating
[ICRA]A+
Rating Agency
ICRA
Date of Rating
22 Jun 2023
Other details
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