STOCKWATCH
·
Non Banking Financial Company (NBFC)
Investment26 Mar 2025, 06:44 pm

Muthoot Finance Ltd Settles US$ 250 Mn ECB under Global Medium Term Note Programme

AI Summary

Muthoot Finance Ltd, in its recent development, has approved the issuance, settlement, and allotment of US$ 250,000,000 6.375% Senior Secured Notes due 2029. These notes will be consolidated and form a single series with the existing US$400,000,000 6.375% Senior Secured Notes due 2029, under the US$ 2 billion Global Medium Term Note Programme ('GMTN Programme'). The issuance is in accordance with Regulation S of the U.S. Securities Act, 1933, as amended, and applicable Indian regulations. The notes will be listed on the NSE IFSC Limited.

Key Highlights

  • Muthoot Finance Ltd settles US$ 250 Mn ECB under Global Medium Term Note Programme
  • The settlement includes US$ 250,000,000 6.375% Senior Secured Notes due 2029
  • These notes will be consolidated with existing US$400,000,000 6.375% Senior Secured Notes due 2029
  • The issuance is pursuant to Regulation S of the U.S. Securities Act, 1933, as amended, and applicable Indian regulations
  • The notes will be listed on the NSE IFSC Limited
MUTHOOTFIN
Non Banking Financial Company (NBFC)
MUTHOOT FINANCE LTD.

Price Impact