Northern Arc Capital Limited 9.65% 2027 Bond

ISININE850M07467

NORTHERN ARC CAPITAL LIMITED 9.65 NCD 27MR27 FVRS1LAC

Northern Arc Capital Limited is a corporate (non-PSU) issuer in the Non-Banking Financial Company (NBFC) sector. This directory lists 5 of its bonds.

Key terms

Issue date
28 Mar 2024
Interest basis
Compounding
Instrument
Debentures
Mode of issue
Private Placement (EBP)
Series
NA
Sector
Non-Banking Financial Company (NBFC)
Issuer type
Corporate

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

What the rating means

ICRA AA- / Stable

AA-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.

AA-grade bonds are judged to have a very strong capacity to repay, only marginally weaker than AAA. They are considered high safety, with low sensitivity to adverse business or economic conditions. Ratings are agency opinions that can change over time, and a rating is not a guarantee of repayment.

Disclosed rating string: ICRA AA-/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.