Tata Power Renewable Energy Limited

Power

corporate

Tenure
3Y 6M
About Issuer
This AA rated bond from Tata Power Renewable Energy Limited, a corporate, offers a Fixed coupon of 7.9% with maturity on 28 September 2029. Issued through the Private placement as under ISIN INE607M08063, 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
7.90%
FACE VALUE
₹10,00,000
MATURITY DATE
28 Sep 2029
SECTOR
corporate
COLLATERAL SECURITY
Unsecured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE607M08063
Credit rating
Rating
[ICRA]AA
Rating Agency
ICRA
Date of Rating
07 Jul 2023
Other details
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