Bond Directory / FEDBANK FINANCIAL SERVICES LIMITED

FEDBANK FINANCIAL SERVICES LIMITED

ACTIVE

RESET RATE SECURED RATED LISTED NON CONVERTIBLE DEBENTURES LETTER OF ALLOTMENT DATE OF MATURITY 26/06/2027

ISIN

INE007N07041

Copied

Essentials

Coupon Rate (Returns)

3M SBI MCLR

Rating

AA+  CARE RATINGS LIMITED

Interest Payment Frequency

QUARTERLY

Once Every Quarter

Maturity after

3 years 1 months

Jun 26, 2027

Face Value

₹81,250

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

200 Crores

Issue Price

₹81,250

Security class

Debentures

Listing details

BSE

Debenture Trustee

Axis Trustee Services Limited

Issue

Private Placement (EBP)

Issuer Details

FEDBANK FINANCIAL SERVICES LIMITED

Business Sector

165

Issuer Nature type

-

Issuer Ownership

-

Factors

*Rating Agency -CARE RATINGS LIMITED

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Mode of Issuance

Private Placement (EBP)

Coupon Type

Simple

Factors

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Mode of Issuance

Private Placement (EBP)

Coupon Type

Simple

*Rating Agency - CARE RATINGS LIMITED

Note: Pursuant to the provisions of Section 193 of the Income Tax Act, 1961, as amended, effective from 1st April 2023, TDS will be deducted at the rate of 10% (or such other rates as may be notified from time to time) on any interest payable on any security issued by a company other than securities issued by the Central Government or a State Government. The listing of products above: (a) should not be considered an advertisement, endorsement, or recommendation to invest. Please use your own discretion before you transact. (b) is in compliance with regulatory framework as applicable for Online Bond Platform Provider (c) at their given price or yield are subject to availability and market cut-off timings.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

AA+

(Jun 26, 2023)

Instruments with this rating are considered to have high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

Credit Outlook

Stable

A Stable outlook indicates that the Rating is likely to remain unchanged

Rating Watch

4

-

Repayment Priority

Higher the level, higher the priority of investment repayment on default

Senior

Security with Collateral?

An investment secured with collateral helps

SECURED

UNSECURED

Type of Guarantee

Guarantee of investment by third-party if company defaults

GUARANTEED

NON GUARANTEED

PARTIAL GUARANTEED

gurantee icon

Want to know more?

Download Issue Documents (Information Memorandum / Termsheet)

What other details I need to know?

Other Important bond related information that can help you with decision making

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

How do I buy this bond?

You can follow the steps mentioned to complete your Purchase.

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