Spandana Sphoorty Financial Limited 10.75% 2026 Bond

ISININE572J07612

SPANDANA SPHOORTY FINANCIAL LIMITED 10.75 NCD 04SP26 FVRS1LAC

Spandana Sphoorty Financial Limited is a listed issuer in the Non-Banking Financial Company (NBFC) sector. This directory lists 8 of its bonds.

Key terms

Issue date
4 Sept 2023
Interest basis
Simple
Instrument
Debentures
Mode of issue
Private Placement (EBP)
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

India Ratings BBB+ / Negative

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: IND BBB+/Negative

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 10.27% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

3 scheduled payments through 4 Sept 2026; final payment ₹1,10,750 per bond.

Loading the calculator…

Available on Grip

Want to invest? These bonds are available on Grip

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.