ECL Finance Limited 10.15% 2029 Bond

ISININE804IA7014

ECL FINANCE LIMITED SERIES VI 10.15 NCD 04JN29 FVRS1000

ECL Finance Limited is a corporate (non-PSU) issuer in the Non-Banking Financial Company (NBFC) sector. This directory lists 26 of its bonds.

Key terms

Issue date
4 Jan 2019
Interest basis
Simple
Instrument
Debentures
Mode of issue
Public Issue
Series
SERIES VI
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

CRISIL A+ / StableICRA A+ / Stable

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: CRISIL A+/Stable;ICRA A+/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 10.64% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

120 scheduled payments through 4 Jan 2029; final payment ₹1,008 per bond.

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