Cholamandalam Investment and Finance Company Limited 9.1% 2031 Bond

ISININE121A08PP7

CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR SD72 9.10 NCD 27JU31 FVRS1LAC

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 Jul 2024
Interest basis
Simple
Instrument
Debentures
Mode of issue
Private Placement (EBP)
Series
SeriesSD72
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

ICRA AA+ / PositiveIndia Ratings AA+ / Stable

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: ICRA AA+/Positive;IND AA+/Stable

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 9.10% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

7 scheduled payments through 27 Jun 2031; final payment ₹1,09,100 per bond.

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