8.85% Edelweiss Asset Reconstruction Co. Ltd 2023

About Issuer

Edelweiss Asset Reconstruction Company (EARC) is sponsored by Edelweiss, one of India's foremost, leading, diversified financial services conglomerate and CDPQ Private Equity Asia Pte Limited (CDPQ). EARC is in the business of acquiring Non-Performing Assets (NPAs) from banks and financial institutions and resolving them through appropriate resolution strategies enunciated in the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interests Act, 2002 (SARFAESI). It now has two distinct divisions for business - Wholesale Assets and Retail Assets.
Overview

ISIN

INE015L07550

Minimum Investment

Coupon

8.85%

YTM

%

Payment Term

ANNUALLY

Face Value

1,00,000.00

Taxable

YES

Perpetual

NO

Maturity Date

09/11/24

Remaining Period

Issue Date

09/12/17

Interest Payment Date

09 Dec

Credit Rating

Debit Quality

Security

This bond is SECURED

Indicative Cashflow
Cash Flow

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