Hero FinCorp Limited - INE957N07682

Other Financial Institutions

corporate

Coupon Rate
7.99%
Maturity Date
29 Jul 2025
ISIN
INE957N07682copy
Face Value
₹10,00,000
About Issue
This AA+ rated bond from Hero FinCorp Limited, a corporate, offers a Fixed coupon of 7.99% with maturity on 29 July 2025. Issued through the Private placement as under ISIN INE957N07682, 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.
Key Attributes
Rating
[ICRA]AA+ (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
29 Jul 2022
Remaining Tenure
0D
Security Name
HERO FINCORP LIMITED SR 054 OPT I 7.99 NCD 29JL25 FVRS10LAC
Risk Assessment
Credit Rating
Rating
[ICRA]AA+ (Stable)
Date of Rating
15 Sep 2023
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