Mahindra and Mahindra Limited 9.55% 2063 Bond

ISININE101A08070

MAHINDRA AND MAHINDRA LIMITED 9.55 NCD 04JL63 FVRS10LAC LOA UPTO 2OT13

Mahindra and Mahindra Limited is a corporate (non-PSU) issuer in the Passenger Cars & Utility Vehicles sector. This directory lists 2 of its bonds.

Key terms

Issue date: 4 Jul 2013
Instrument: Debentures
Mode of issue: Private Placement
Sector: Passenger Cars & Utility Vehicles
Issuer type: Corporate

Only disclosed values are shown. Anything not listed here is not available in our data.

What the rating means

ICRA AAA / StableCRISIL AAA / Stable

AAAmost conservative current agency grade

Each rung groups an agency grade's +/- notches: “AA”, for example, covers AA+, AA and AA-. AAA, C and D are single grades.

AAA is the highest rating an Indian agency assigns. It signals the strongest assessed capacity to pay interest and principal on time: the agency sees the risk of default as the lowest it recognises. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: ICRA AAA/Stable;CRISIL AAA/Stable

This describes the bond's credit rating only. Interest-rate, liquidity and reinvestment risks are covered in “Before you act”.

Price, yield & cashflows

At face value this bond yields 9.55% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

50 scheduled payments through 4 Jul 2063; final payment ₹10,95,500 per bond.

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