Bond Directory / STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED

STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED

ACTIVE

7.75% UNSECURED RATED LISTED NON CONVERTIBLE SUBORDINATE TIER IIDEBENTURE.DATE OF MATURITY 24/11/2031

ISIN

INE503V08016

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Essentials

Coupon Rate (Returns)

7.75%

Rating

AA  CARE RATINGS LIMITED

Interest Payment Frequency

ANNUALLY

Once Every Year

Maturity after

8 years 11 months

Nov 24, 2031

Face Value

₹10,00,000

Coupon Type

Simple

Can be returned to Issuer?

Yes - Call Available

Put option exercised at

Data Not Available

Issue Details

Issue Size

125 Crores

Issue Price

₹10,00,000

Security class

Debentures

Listing details

BSE

Debenture Trustee

IDBI Trusteeship Services Limited

Issue

Private Placement (EBP)

Issuer Details

STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED

Business Sector

Others

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Issue Type

Private Placement (EBP)

Coupon Type

Simple

*Rating Agency -CARE RATINGS LIMITED

Factors

Issue Size

Large

Rating Category*

AA

Tax Saving

No

Issue Type

Private Placement (EBP)

Coupon Type

Simple

*Rating Agency - CARE RATINGS LIMITED

Note: The listing of products above should not be considered an endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times.

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What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

AA

(-)

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

Subordinate Tier 2

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

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1

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3

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4

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Information required for KYC

PAN Card Number

Bank Accounts details

Aadhaar Card Number

Demat Account Details

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