LTF-8.50%-23-12-26-NCDLTF-8.50%-23-12-26-NCDLTF-8.50%-23-12-26-NCD

LTF-8.50%-23-12-26-NCD

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Key terms


Outstanding amount
Face value
1,000.00INR
Minimum denomination
10,000.00INR
Coupon
8.50% (Fixed)
Coupon frequency
Annual
Yield to maturity
5.37%
Maturity date
Dec 23, 2026
Term to maturity
2 years

About LTF-8.50%-23-12-26-NCD


Issuer
L&T Finance Ltd. (India)
Sector
Finance
Industry
Financial Conglomerates
Issue date
Dec 23, 2019
ISIN
INE027E07BB0
L&T Finance Ltd. provides corporate financial services to the small and medium sized enterprises. The firm offers a range of products that includes channel finance, bill discounting, operating lease, term loans and loans against securities. It also provides finance for purchase of tractors, small commercial vehicles, other farm equipment and micro-finance. The company was incorporated on November 24, 1993 and is headquartered in Mumbai, India.