Bond Directory / TATA MOTORS FINANCE LIMITED

TATA MOTORS FINANCE LIMITED

DELETED

STATE BANK OF INDIA BASE RATE LINKED UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES TMFSPL NCD B FY 14-15. DATE OF MATURITY 26/03/2020

ISIN

INE477S08027

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Essentials

Coupon Rate (Returns)

STATE BANK OF INDIA BASE RATE LINKED

Rating

AA  CRISIL RATINGS LIMITED

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity after

-8 years -2 months

Mar 21, 2016

Face Value

₹1,00,00,000

Coupon Type

Compounding

MONTHLY

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

500 Crores

Issue Price

₹1,00,00,000

Security class

Debentures

Listing details

Not listed

Debenture Trustee

IDBI TRUSTEESHIP SERVICES LTD.

Issue

Private Placement

Issuer Details

TATA MOTORS FINANCE LIMITED

Business Sector

165

Issuer Nature type

NBFC

Issuer Ownership

Non PSU

Factors

*Rating Agency -CRISIL RATINGS LIMITED

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Mode of Issuance

Private Placement

Coupon Type

Compounding

Factors

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Mode of Issuance

Private Placement

Coupon Type

Compounding

*Rating Agency - CRISIL 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

(Mar 12, 2015)

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

Not Applicable

Not Applicable

Rating Watch

Not Applicable

Not Applicable

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

What other details I need to know?

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

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How do I buy this bond?

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