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Instrument Details

ISIN: INE915D08CL3

Face value

₹10,00,000

Coupon rate

5.64%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

500

Instrument Type

Debenture

Returns

Medium

Date of Issue

30 Dec 2021

Maturity Date

20 Jan 2024

Perpetual

Yes

Listing Status

Listed

Rating status

AAA (CRISIL Ratings)

Call Option

Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

CITICORP FINANCE (INDIA) LIMITED SR 790 TR 1 5.64 NCD 20JN24 FVRS10LAC
Citicorp Finance (india) Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE915D08CL3, with a face value of ₹10,00,000 rs on 30Dec21 to raise 500 crores. The debt instrument is issued with a coupon rate of 5.64% and its interest is paid Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Unsecured Debenture is 5.64% UNSECURED RATED LISTED NON CONVERTIBLE DEBENTURE. CFIL NCD SERIES 2021/12/790 TRANCHE 1. DATE OF MATURITY 20/01/2024.. This instrument is issued in Private Placement (EBP) mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 04Jan22. CRISIL RATINGS LIMITED has given AAA rating to this Debenture on 13Dec21. This issuer is formerly known as CITIFINANCIAL CONSUMER FIN. IND.LTD, ASSOCIATES INDIA FIN.SERVICES LTD, ASSOCIATES INDIA FINANCIAL SERVICES PVT LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AAA
Highest Safety
AAA
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Date Verified
30 Dec 2021
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Outlook
Stable
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Seniority in Repayment
None
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Security
Unsecured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹10,00,000
Lot Size
100
Minimum Investment
₹10,00,00,000

Cashflow

₹10,00,00,000
30-Dec-21 : Your investment
₹56,40,000
30-Dec-22 : Interest
₹56,40,000
30-Dec-23 : Interest
₹11,12,80,000
20-Jan-24 : Maturity amount (Investment: ₹10,00,00,000, Interest earned: ₹1,12,80,000)

Summary

Instrument Attributes

Value

Coupon Rate

5.64%

Returns

Medium

Bond Rating

AAA

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE915D08CL3 issued by Citicorp Finance (india) Limited

The instrument name of INE915D08CL3 ISIN is CITICORP FINANCE (INDIA) LIMITED SR 790 TR 1 5.64 NCD 20JN24 FVRS10LAC.
The interest earned from INE915D08CL3 bond issued by Citicorp Finance (india) Limited is paid Annually, ensuring regular and consistent income for investors.
This INE915D08CL3 bond issued by Citicorp Finance (india) Limited has been assigned a credit rating of AAA by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 5.64%, which determines the periodic interest payments made to bondholders.
The INE915D08CL3 Debenture is issued by Citicorp Finance (india) Limited, a Private Sector company.
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