Mahindra and Mahindra Financial Services Limited 7.95% 2032 Bond

ISININE774D08ML3

MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED SR-III 7.95 NCD 24JL32 FVRS1000 LOAUPTO25JL17

Mahindra and Mahindra Financial Services Limited is a corporate (non-PSU) issuer in the Non-Banking Financial Company (NBFC) sector. This directory lists 33 of its bonds.

Key terms

Issue date
24 Jul 2017
Interest basis
Simple
Instrument
Debentures
Mode of issue
Public Issue
Series
SERIES III CATEGORY I & II
Sector
Non-Banking Financial Company (NBFC)
Issuer type
Corporate
Issuer nature
NBFC

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

What the rating means

Brickwork AAA / Stable (Provisional)India Ratings 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: Provisional BWR AAA/Stable;IND 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 7.95% to maturity. Enter the price you would pay to see the yield it implies, with the full cashflow ladder.

15 scheduled payments through 24 Jul 2032; final payment ₹1,080 per bond.

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