Spandana Sphoorty Financial Limited
Microfinance
corporate
Microfinance
corporate
Tenure
2Y 4M
Tenure
2Y 4M
About Issuer
This A rated bond from Spandana Sphoorty Financial Limited, a corporate, offers a Fixed coupon of 12.29% with maturity on 01 August 2028. Issued through the Private placement as under ISIN INE572J07414, 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.
Summary
Interest
Half Yearly
Principal
At maturity
COUPON RATE
12.29%
FACE VALUE
₹10,00,000
MATURITY DATE
01 Aug 2028
SECTOR
corporate
COLLATERAL SECURITY
Secured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE572J07414
Credit rating
Rating
[ICRA]A
Rating Agency
ICRA
Date of Rating
18 Aug 2023
Rating
[ICRA]A
Rating Agency
ICRA
Date of Rating
18 Aug 2023
Other details
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