ECL Finance Ltd.
Other Financial Institutions
corporate
Other Financial Institutions
corporate
Tenure
17M
Tenure
17M
About Issuer
This AA- rated bond from ECL Finance Ltd., a corporate, offers a Floating coupon of 8.5% with maturity on 17 September 2027. Issued through the Private placement as under ISIN INE804IA7360, 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.
Summary
Interest
Yearly
Principal
At maturity
COUPON RATE
8.50%
FACE VALUE
₹10,00,000
MATURITY DATE
17 Sep 2027
SECTOR
corporate
COLLATERAL SECURITY
Secured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE804IA7360
Credit rating
Rating
AA-
Rating Agency
CRISIL
Date of Rating
25 May 2020
Rating
AA-
Rating Agency
CRISIL
Date of Rating
25 May 2020
Other details
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