Alpha Tribe

Muthoot Finance LimitedImportant, 19-03-2025: General Updates

19-03-2025 · 08:22 am

Muthoot Finance Limited has announced a board meeting on March 26, 2025, to discuss the reopening of a US$400 million bond issuance under its Global Medium Term Note Programme. The bonds will carry a 6.375% fixed coupon with a maturity date of April 23, 2029. These proceeds are designated for onward lending and related activities. Given the issuer’s stable ratings from Moody’s, S&P, and Fitch, there is potential for positive investor sentiment, though they should remain aware of market conditions affecting the bond's performance.

No comments yet. Be the first to comment!

All announcements from Muthoot Finance Limited