LTF-8.7%-15-4-27-NCDLTF-8.7%-15-4-27-NCDLTF-8.7%-15-4-27-NCD

LTF-8.7%-15-4-27-NCD

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Key terms


Outstanding amount
‪174.84 B‬INR
Face value
1,000.00INR
Minimum denomination
10,000.00INR
Coupon
8.70% (Fixed)
Coupon frequency
Monthly
Yield to maturity
7.20%
Maturity date
Apr 15, 2027
Term to maturity
2 years

About LTF-8.7%-15-4-27-NCD


Sector
Finance
Industry
Finance/Rental/Leasing
Home page
Issue date
Apr 15, 2019
ISIN
INE027E07AN7
FIGI
BBG00NZ35W62
L&T Finance Ltd. is a non-banking financial company, which engages in the provision of financial products and services across retail, corporate, housing, and infrastructure finance sectors. It operates through the following segments: Rural Finance, Housing Finance, Infrastructure Finance, Defocused Business and Others. The Rural Finance segment comprises of farm equipment finance, two wheeler finance, and micro loans. The Housing Finance segment includes home loans, loan against property, and real estate finance. The Infrastructure Finance segment comprises of infrastructure business. The Defocused Business segment consists of structured corporate loans, debt capital market, commercial vehicle finance, construction equipment finance, SME term loans and leases. The Others segment deals in the asset and wealth management. The company was founded on May 1, 2008 and is headquartered in Mumbai, India.
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