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Torrent Power Limited 8.55% 2031 Bond

ISININE813H07242

TORRENT POWER LIMITED SR 10C 8.55 NCD 02JU31 FVRS10LAC

Torrent Power Limited is a corporate (non-PSU) issuer in the Electric Utilities sector. This directory lists 27 of its bonds.

Key terms

Issue date
2 Jun 2022
Instrument
Debentures
Mode of issue
Private Placement (EBP)
Series
SERIES 10C
Sector
Electric Utilities
Issuer type
Corporate

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

What the rating means

CRISIL 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: CRISIL 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 8.54% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

9 scheduled payments through 2 Jun 2031; final payment ₹10,85,500 per bond.

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