10.50% SATIN CREDITCARE NETWORK LIMITED 2027

Information Memorandum (I.M.)
Term Sheet
INE836B07873
*(Eligible Investors - Individual,NRI,HUF,Corporate,Trust ) High Return bond

Bond's Rating

Rating Agency Rating Rating Date 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

10.5000% (Fix)

Issue Date

04/Jul/2024

Maturity Date

04/Jan/2027

Remaining Period

2y 1m 13d

Tax Free

No

Interest Payment Type

Simple

Interest Frequency

Monthly

Issue Size (in Crores)

50.00

Mode of issuance

Private Placement

TDS on Interest

Yes

Call Option

N.A.

Put Option

N.A.

Govt. Guarantee

No

Security

Senior Secured

Name of Debenture Trustee

Catalyst Trusteeship Limited

Listing status

Listed

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.