Bond Directory / CITICORP FINANCE (INDIA) LIMITED

CITICORP FINANCE (INDIA) LIMITED

DELETED

EQUITY LINKED NOTE SECURED RATED LISTED REDEEMABLE PRINCIPAL PROTECTED MARKET LINKED NON CONVERTIBLE DEBENTURES SERIES 2023/09/810 DATE OF MATURITY 28/09/2028

ISIN

INE915D07P57

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Essentials

Coupon Rate (Returns)

Equity Shares

Rating

PP-MLD AAA  ICRA LIMITED

Interest Payment Frequency

MATURITY

On Maturity

Maturity after

4 years 6 months

Sep 28, 2028

Face Value

₹1,00,000

Coupon Type

Simple

Can be returned to Issuer?

No

Put option exercised at

Data Not Available

Issue Details

Issue Size

50 Crores

Issue Price

₹1,00,000

Security class

Debentures

Listing details

Not listed

Debenture Trustee

IDBI Trusteeship Services Limited

Issue

Private Placement (non-EBP)

Issuer Details

CITICORP FINANCE (INDIA) LIMITED

Business Sector

165

Issuer Nature type

Other

Issuer Ownership

Non PSU

Factors

*Rating Agency -ICRA LIMITED

Issue Size

Large

Rating Category*

AAA

Tax Saving

No

Issue Type

Private Placement (non-EBP)

Coupon Type

Simple

Factors

Issue Size

Large

Rating Category*

AAA

Tax Saving

No

Issue Type

Private Placement (non-EBP)

Coupon Type

Simple

*Rating Agency - ICRA LIMITED

Note: Pursuant to the provisions of Section 193 of Income Tax Act, 1961, as amended, with effect from, 1st April 2023, TDS will be deducted @ 10% on any interest payable on any security issued by a company (i.e. securities other than securities issued by the Central Government or a State Government). 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.

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies

Credit Rating

Credit Rating

PP-MLD AAA

(May 16, 2023)

Instruments with this rating are considered to have the highest degree of safety regarding timely servicing of financial obligations. Such instruments carry lowest credit risk.

Credit Outlook

Stable

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

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

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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