Cholamandalam Investment and Finance Company Limited 8.5% 2027 Bond

ISININE121A07RT7

CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR III TR IV 8.50 NCD 31JN27 FVRS1000

Cholamandalam Investment and Finance Company Limited is a corporate (non-PSU) issuer in the Non-Banking Financial Company (NBFC) sector. This directory lists 93 of its bonds.

Key terms

Issue date
31 Jan 2024
Interest basis
Simple
Instrument
Debentures
Mode of issue
Public Issue
Series
Series3
Sector
Non-Banking Financial Company (NBFC)
Issuer type
Corporate
Issuer nature
NBFC

Only disclosed values are shown. Anything not listed here is not available in our data.

What the rating means

India Ratings AA+ / StableICRA AA+ / Positive

AA+most conservative current agency grade

Each rung groups an agency grade's +/- notches: “AA”, for example, covers AA+, AA and AA-. AAA, C and D are single grades.

AA-grade bonds are judged to have a very strong capacity to repay, only marginally weaker than AAA. They are considered high safety, with low sensitivity to adverse business or economic conditions. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: IND AA+/Stable;ICRA AA+/Positive

This describes the bond's credit rating only. Interest-rate, liquidity and reinvestment risks are covered in “Before you act”.

Price, yield & cashflows

At face value this bond yields 8.34% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

3 scheduled payments through 31 Jan 2027; final payment ₹1,085 per bond.

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