Muthoot Finance Limited — Important, 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.
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