Spandana Sphoorty Financial Limited 11.85% Bond · 24 Mar 2028

Bond terms

Coupon frequency

Half-yearly

Interest type

Fixed Interest

Face value

₹10,00,000

Allotment date

24 Mar 2022

Security

Secured

Seniority

Senior

Day-count convention

Not available

Reported tax category

Taxable

Interest & repayment

Interest payments

PAYABLE ON SEMI ANNUALLY BASIS ON 24/09/2022,24/03/2023 AND SO ON TILL MATURITY.

Redemption terms

Full Redemption

Call provisions

SHALL BE THE DATE FALLING ON THE COMPLETION OF 36 (THIRTY SIX) MONTHS FROM THE DEEMED DATE OF ALLOTMENT BEING MARCH 24, 2025 (SUBJECT TO ADJUSTMENTS FOR BUSINESS DAY CONVENTION)

Put provisions

SHALL BE THE DATE FALLING ON THE COMPLETION OF (I) 12 MONTHS FROM THE DEEMED DATE OF ALLOTMENT BEING MARCH 24, 2023 (FIRST PUT OPTION DATE) (II) 24 MONTHS FROM THE DEEMED DATE OF ALLOTMENT BEING MARCH 24, 2024 (SECOND PUT OPTION DATE) AND (III) 36 MONTHS FROM THE DEEMED DATE OF ALLOTMENT BEING MARCH 24, 2025 (THIRD PUT OPTION DATE) (SUBJECT TO ADJUSTMENTS FOR BUSINESS DAY CONVENTION) (COLLECTIVELY THE PUT OPTION DATE

Credit ratings

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

Issuer & listing details

Issuer

Spandana Sphoorty Financial Limited

ISIN

INE572J07398

Debenture trustee

Catalyst Trusteeship Limited (Formerly GDA Trusteeship Limited)

Registrar

KFIN TECHNOLOGIES PRIVATE LIMITED

NSE · reported status

Listed

BSE · reported status

To be listed

Security name

SPANDANA SPHOORTY FINANCIAL LIMITED 11.85 NCD 24MR28 FVRS10LAC

Bond description

11.85% SECURED RATED LISTED SENIOR REDEEMABLE NON-CONVERTIBLE DEBENTURES. DATE OF MATURITY 24/03/2028