Technical Profile

TVS CREDIT SERVICES LIMITED

9.40% UNSECURED RATED LISTED SUBORDINATED TIRE II REDEEMABLE TAXABLE NON CONVERTIBLE DEBENTURES .LETTER OF ALLOTMENT. DATE OF MATURITY 26/08/2026

INE729N08048 Active

Essentials

Coupon Rate

9.40%

Rating

AA-

Interest Frequency

AnnualOnce A Year

Maturity

3 months 27 days26-Aug-26

Face Value

₹10,00,000

Coupon Type

Simple

Issue Details

Issue Size

₹150 Cr

Issue Price

₹10,00,000

Security Class

Debentures

Listing

Listed

Mode

Private Placement

Registrar

CAMEO CORPORATE SERV LTD

Ownership

Non PSU

Date of Allotment

25 Feb 2021

Yield Intensity

Last 50 institutional transactions

Current LTY

Risk Profile

What is my risk?

Each bond is regularly evaluated by multiple reputed rating agencies.

Credit Rating Analysis

Current Rating

AA-

Active

Rating Agency

BRICKWORK RATINGS INDIA PRIVATE LIMITED

Evaluation Date

10-02-2021

Verified

Terminal-Grade Data Institutional Source

Repayment Priority

Higher level indicates higher priority of investment repayment.

Senior Secured

Collateral Security

Assets pledged to protect capital in extreme default events.

Secured Asset

Guarantee Type

Third-party guarantee if the primary issuer defaults.

Guaranteed