Investment17 Oct 2025, 11:19 am
Muthoot Finance Ltd Completes US$ 150 mn ECB TAP Issuance Under GMTN Programme
AI Summary
Muthoot Finance Limited has completed the settlement of US$ 150 million 6.375% Senior Secured Notes due 2030. These notes are to be consolidated and form a single series with the U.S.$ 600,000,000 6.375% Senior Secured Notes due 2030 under the USD 4 billion Global Medium Term Note Programme ('GMTN Programme'). The notes are listed on the NSE IFSC Limited and the settlement date was October 14, 2025. The average maturity of the notes is 3.88 years with the first amortization payment on March 02, 2029, and the final maturity on March 02, 2030.
Key Highlights
- Muthoot Finance Ltd has completed the settlement of US$ 150 million 6.375% Senior Secured Notes due 2030.
- The notes are to be consolidated and form a single series with the U.S.$ 600,000,000 6.375% Senior Secured Notes due 2030 under the USD 4 billion Global Medium Term Note Programme.
- The notes are listed on the NSE IFSC Limited.
- The average maturity of the notes is 3.88 years.
- The first amortization payment is on March 02, 2029, and the final maturity is on March 02, 2030.