L&T Finance Limited 8.1% 2035 Bond

ISININE235P07AG6

L&T FINANCE LIMITED SR C STRPP 5 8.10 NCD 19OT35 FVRS2LAC

L&T Finance Limited is a corporate (non-PSU) issuer in the Finance sector. This directory lists 84 of its bonds, 1 available on Grip.

Key terms

Issue date
21 Oct 2020
Interest basis
Simple
Instrument
Debentures
Mode of issue
Private Placement
Series
SERIES ¿¿C¿¿ OF FY 2020-21-STRPPs 5
Sector
Finance
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

CRISIL AAA / StableCARE AAA / Stable

AAAmost 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.

AAA is the highest rating an Indian agency assigns. It signals the strongest assessed capacity to pay interest and principal on time: the agency sees the risk of default as the lowest it recognises. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: CRISIL AAA/Stable;CARE AAA/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 8.09% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

15 scheduled payments through 19 Oct 2035; final payment ₹2,16,200 per bond.

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Available on Grip

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