Loan & Debt9 Oct 2026, 10:30 pm
Ugro Capital Allots USD 10M Bonds
AI Summary
Ugro Capital Ltd announced the allotment of senior, unsecured, rated, listed, USD-denominated redeemable non-convertible bonds worth up to USD 10,000,000. The bonds, with a face value of USD 10,000 each, were issued through private placement. The tenure of the instrument is 48 months from the pay-in date of September 29, 2026, with a maturity date of September 27, 2030. The coupon rate is set at 450 basis points plus Term SOFR. Principal repayment will be in equal installments starting from 30 months post pay-in. The bonds are proposed to be listed on India International Exchange IFSC Limited.
Key Highlights
- Allotted USD 10 million in senior, unsecured, USD-denominated bonds.
- Bonds have a 48-month tenure with semi-annual interest payments.
- Coupon rate is 450 bps plus Term SOFR.
- Principal repaid in equal installments over the tenure.
- Bonds will be listed on India International Exchange IFSC.
Price Impact
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