Mufin Green Finance Allots USD 6M Bonds Under ECB Framework

Mufin Green Finance Ltd announced the allotment of up to 600 senior, rated, listed, USD denominated non-convertible bonds, totaling USD 6,000,000. These bonds are issued under the External Commercial Borrowing (ECB) framework on a private placement basis. The decision was approved by the Management Committee of the Board of Directors. This move signifies the company's strategy to leverage foreign currency debt for its financing needs, potentially diversifying its funding sources and managing currency exposure.