Hero FinCorp Limited - INE957N07773
Other Financial Institutions
corporate
Coupon Rate
8.60%
Maturity Date
02 Feb 2029
ISIN
INE957N07773
Face Value
₹1,00,000
About Issue
This AA+ rated bond from Hero FinCorp Limited, a corporate, offers a Fixed coupon of 8.6% with maturity on 02 February 2029. Issued through the Private placement as under ISIN INE957N07773, 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
CRISIL 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
02 Feb 2024
Remaining Tenure
3Y 7M
Security Name
HERO FINCORP LIMITED SR 62 8.60 NCD 02FB29 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CRISIL AA+ (Stable)
Date of Rating
30 Nov 2024
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