
Loan & Debt17 Aug 2026, 10:40 pm
Sammaan Capital Completes Tender Offer for Bonds
AI Summary
Sammaan Capital Limited has announced the completion of its tender offer for its U.S.$350,000,000 9.70% Senior Secured Social Bonds due 2027. The company accepted U.S.$18,000,000 in principal amount of bonds for purchase, which represented the maximum purchase amount. The tender offer expired on August 17, 2026. The company paid U.S.$18,790,050.03 in total, including early tender consideration and accrued interest. Bonds tendered after the early tender deadline of July 31, 2026, were not accepted and will be returned to holders.
Key Highlights
- Tender offer for U.S.$350M bonds completed.
- U.S.$18M principal amount of bonds accepted for purchase.
- Total payment of U.S.$18.79M made.
- Offer expired August 17, 2026.
- Bonds tendered after early deadline not accepted.
Price Impact
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