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Piramal Finance Limited 9.7609% 2029 Bond

ISININE202B07JX2

PIRAMAL FINANCE LIMITED 9.7609 NCD 09MR29 FVRS10LAC

Piramal Finance Limited is a corporate (non-PSU) issuer in the Non-Banking Financial Company (NBFC) sector. This directory lists 30 of its bonds.

Key terms

Issue date
11 Mar 2019
Interest basis
Simple
Instrument
Debentures
Mode of issue
Private Placement (EBP)
Series
NA
Sector
Non-Banking Financial Company (NBFC)
Issuer type
Corporate

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

What the rating means

CARE 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: CARE 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 9.72% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

10 scheduled payments through 9 Mar 2029; final payment ₹10,97,609 per bond.

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