All Bonds

8.89% KERALA FINANCIAL CORPORATION 2033

INE818F07294
Rating Agency Rating
Acuite (SMERA) AA Negative
Infomerics AA Stable

Issuer's Type

PSU

About Issuer:

Kerala financial corporation has 16 Branch Offices with its Head Quarters at Thiruvananthapuram and Zonal Offices at Kozhikode, Ernakulam and Thiruvananthapuram. The main objective of KFC is the rapid industrialization of the state by extending financial

Issuer's Link

https://www.kfc.org/

Issuer's Financial Link

https://kfc.org/menu/shareholding/54#finance


A Quick Highlight. Face Value (In INR) and Issue Size (In INR Crores)

Issuer

KERALA FINANCIAL CORPORATION

Issuer Type

PSU

Face Value

100,000.00

Coupon Rate

8.89% (Fix)

Issue Date

13/Mar/2024

Maturity Date

13/Mar/2033

Issue Size (in Crores)

100.00

Tax Free

Yes

TDS on Interest

Yes

Call Option

N.A.

Put Option

N.A.

Govt. Guarantee

Yes

Security

Senior Secured


Name of Debenture Trustee

BEACON TRUSTEESHIP LTD.


Remarks

Investments in debt securities/ municipal debt securities/ securitised debt instruments are subject to risks including delay and/ or default in payment. Read all the offer related documents carefully.


Issuer
KERALA FINANCIAL CORPORATION
Principal Amount
100,000.00
Yield (YTM)
8.89%
Maturity Date
13-03-2033
Settlement Amount
108,890.00
ISIN No.
INE818F07294