Meghalaya Energy Corporation Ltd 10.96% 2031 Bond

ISININE760I07078

MEGHALAYA ENERGY CORPORATION LTD SR 7 10.96 LOA 17FB31 FVRS10LAC

Meghalaya Energy Corporation Ltd is a public-sector (PSU) issuer in the Others sector. This directory lists 8 of its bonds.

Key terms

Issue date
18 Feb 2021
Interest basis
Simple
Instrument
Bonds
Mode of issue
Private Placement
Series
SERIES 7
Sector
Others
Issuer type
PSU

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

What the rating means

Acuité A- / Stable (CE)Brickwork A- / Stable (CE)

A-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.

A-grade bonds are judged to have adequate-to-strong repayment capacity, but they are somewhat more exposed to adverse business or economic conditions than higher-rated bonds. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: ACUITE A-(CE)/Stable;BWR A-(CE)/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 11.42% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

40 scheduled payments through 17 Feb 2031; final payment ₹10,27,400 per bond.

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