12.75% SATIN CREDITCARE NETWORK LIMITED 2029

Information Memorandum (I.M.)
Term Sheet
INE836B08285
*(Eligible Investors - Individual,HUF,Corporate,Trust ) High Return bond

Bond's Rating

Rating Agency Rating Remarks Rating Rationale
ICRA A Stable - -

Issuer's Type

NBFC

About Issuer :

Satin Creditcare launched its operations as a provider of individual and small business loans and savings services to urban lenders in 1990, going on to be registered as an NBFC with the RBI in 1998 and converting into an NBFC-MFI in November 2013.

Issuer's Link

https://satincreditcare.com/

Issuer's Financial Link

https://satincreditcare.com/investor-relations-satin-creditcare/annual-report/


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

Face Value

1,00,000.00

Coupon Rate

12.7500% (Fix)

Issue Date

19/Jan/2024

Maturity Date

19/Jul/2029

Remaining Period

5y 4m 21d

Tax Free

No

Interest Payment Type

Simple

Interest Frequency

Monthly

Issue Size (in Crores)

50.00

Max. Available Quantity

40

TDS on Interest

Yes

Call Option

N.A.

Put Option

N.A.

Govt. Guarantee

No

Security

Unsecured


Name of Debenture Trustee

Catalyst Trusteeship Limited


Remarks

Investments in debt securities are subject to risks. Read all the offer related documents carefully.