LTF-8.98%-13-3-29-NCDLTF-8.98%-13-3-29-NCDLTF-8.98%-13-3-29-NCD

LTF-8.98%-13-3-29-NCD

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Key terms


Outstanding amount
Face value
1,000.00INR
Minimum denomination
1,000.00INR
Coupon
8.98% (Fixed)
Coupon frequency
Monthly
Yield to maturity
7.71%
Maturity date
Mar 13, 2029
Term to maturity
4 years

About LTF-8.98%-13-3-29-NCD


Issuer
L&T Finance Ltd. (India)
Sector
Finance
Industry
Financial Conglomerates
Issue date
Mar 13, 2019
ISIN
INE027E07998
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.