Tata Power Company Limited

Power

corporate

Tenure
3Y 10M
About Issuer
This AA rated bond from Tata Power Company Limited, a corporate, offers a Fixed coupon of 7.75% with maturity on 08 January 2030. Issued through the Private placement as under ISIN INE245A08257, 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
Interest
Yearly
Principal
Principal
At maturity
COUPON RATE
7.75%
FACE VALUE
₹10,00,000
MATURITY DATE
08 Jan 2030
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE245A08257
Credit rating
Rating
AA
Rating Agency
CRISIL
Date of Rating
21 Nov 2023
Other details
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