BOND DETAILS

Mahindra And Mahindra Financial Services Limited 7.95% Bond · 24 Jul 2032

INE774D08ML3UnsecuredReported as listed
Annual coupon rate7.95%On face value · not yield
Maturity date24 Jul 2032
5.8 years left
Face value per bond₹1,000Not a market price or minimum order
Credit rating
AAABRICKWORK RATINGS INDIA PRIVATE LIMITED · 27 Jun 2017

Bond terms

Coupon frequency
Annual
Interest type
Fixed Interest
Face value
₹1,000
Allotment date
24 Jul 2017
Security
Unsecured
Seniority
Subordinate Tier 2
Day-count convention
Actual/actual
Reported tax category
Taxable

Interest & repayment

Interest payments

ANNUAL ON 01 APR STARTING 01-APR-18 TILL 01-APR-32 AND ON 24-JUL-32

Redemption terms

N.A.

Call provisions

SUBJECT TO COMPLIANCE WITH APPLICABLE LAWS CALL OPTION MAY BE EXERCISED BY THE COMPANY AT THE END OF THE 10TH YEAR FROM THE DEEMED DATE OF ALLOTMENT..CONTACT ISSUER FOR FURTHER DETAILS

Put provisions

Put terms are not available. Check whether you can request early repayment.

Credit ratings

AGENCYRATINGRATING DATEOUTLOOK
BRICKWORK RATINGS INDIA PRIVATE LIMITEDAAA27 Jun 2017Not available

Ratings can change. Check the agency’s latest report for this ISIN. How to read ratings

Issuer & listing details

Issuer
Mahindra And Mahindra Financial Services Limited
ISIN
INE774D08ML3
Debenture trustee
Axis Trustee Services Limited
Registrar
KFIN TECHNOLOGIES PRIVATE LIMITED
BSE · reported status
Listed
Security name
MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED SR-III 7.95 NCD 24JL32 FVRS1000 LOAUPTO25JL17
Bond description
7.95% UNSECURED (CATEGORY I & II) REDEEMABLE NON CONVERTIBLE SUBORDINATED DEBENTURES. SERIES III. LETTER OF ALLOTMENT. DATE OF MATURITY 24/07/2032