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Torrent Power Limited 8.4% 2027 Bond

ISININE813H07341

TORRENT POWER LIMITED SR 12 TR 12B 8.40 NCD 18JN27 FVRS1LAC

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
18 Jan 2024
Interest basis
Simple
Instrument
Debentures
Mode of issue
Private Placement (EBP)
Series
Series12
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

India Ratings AA+ / StableCRISIL 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: IND AA+/Stable;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 8.23% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

3 scheduled payments through 18 Jan 2027; final payment ₹1,08,400 per bond.

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