ECL Finance Ltd. is a non-banking financial company based in India, founded in 2008 as a subsidiary of Eastern Bank Ltd. The company primarily focuses on providing a range of financial products, including retail and institutional loans, as well as investment services tailored to meet the needs of the Indian market.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| EDELIN 10.15% 2029-01-04 INRECL Finance Ltd. | India | 2029-01-04 | 10.150 | 8.64 |
| EDELIN 10.60% 2029-01-04 INRECL Finance Ltd. | India | 2029-01-04 | 10.600 | 8.98 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, ECL Finance has actively participated in the bond market, starting its bond issuances in 2011. Notably, in 2020, the company issued bonds worth INR 500 crore to fund its lending operations, which were well-received in the market. As of 2023, ECL Finance's bonds have offered competitive yields compared to industry peers, with certain issuances featuring attractive features like callable options. Recent updates indicate that the company plans to increase its footprint in green finance, emphasizing sustainable investing in future bond offerings.