Reliance Commercial Finance Limited 9.23% 2027 Bond

ISININE126D07073

RELIANCE COMMERCIAL FINANCE LIMITED SR-B 06 TP II 9.23 NCD 13OT27 FVRS10LAC

Reliance Commercial Finance Limited is a listed issuer in the Non-Banking Financial Company (NBFC) sector. This directory lists 1 of its bond.

Key terms

Issue date
13 Oct 2017
Interest basis
Simple
Instrument
Debentures
Mode of issue
Private Placement
Series
RCFL F SERIES B NCD 06 TYPE II
Sector
Non-Banking Financial Company (NBFC)

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

What the rating means

Brickwork D / No Outlook (Issuer Not Cooperating)CARE D / No Outlook (Issuer Not Cooperating)

Dmost 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.

D means the agency records the instrument as already in default: interest or principal was not paid when due. Recovery, if any, depends on resolution or restructuring outcomes. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: BWR D/No Outlook (ISSUER NOT COOPERATING*);CARE D/No Outlook (ISSUER NOT COOPERATING*)

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 9.16% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

10 scheduled payments through 13 Oct 2027; final payment ₹10,92,300 per bond.

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