IL&FS Tamil Nadu Power Company Limited 0.001% 2040 Bond

ISININE433M07058

IL&FS TAMIL NADU POWER COMPANY LIMITED SR B 0.001 NCD 31MR40 FVRS1000

IL&FS Tamil Nadu Power Company Limited is a corporate (non-PSU) issuer in the Power - Transmission sector. This directory lists 3 of its bonds.

Key terms

Issue date
26 Dec 2023
Interest basis
Compounding
Instrument
Debentures
Mode of issue
Private Placement (non-EBP)
Series
B
Sector
Power - Transmission
Issuer type
Corporate

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

What the rating means

Infomerics BBB- / Stable

BBB-most 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.

BBB is the lowest investment-grade tier. Repayment capacity is judged moderate: currently sufficient, but more likely to weaken if business conditions deteriorate. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: IVR BBB-/Stable

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

Price, yield & cashflows

This bond is disclosed with compounding interest alongside a periodic payout frequency; the disclosures conflict, so we do not model its cashflows.

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Available on Grip

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This bond is not on Grip, but these investment-grade bonds are, ranked by how closely they match it on rating, then maturity and yield. Open any one to invest. Bonds carry credit, interest-rate and liquidity risk.