ECL Finance Limited 9.95% 2029 Bond

ISININE804IA7139

ECL FINANCE LIMITED SR VIII 9.95 NCD 23MY29 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
23 May 2019
Interest basis
Simple
Instrument
Debentures
Mode of issue
Public Issue
Series
SERIES VIII
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+ / StableCARE A / Stable

Amost 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;CARE 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 10.41% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

120 scheduled payments through 23 May 2029; final payment ₹1,008 per bond.

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