Sammaan Capital Limited — Important, 24-03-2025: Updates
The Securities Issuance and Investment Committee of Sammaan Capital Limited has sanctioned the issuance of foreign currency-denominated bonds. This follows recent significant accomplishments, including a successful US$350 million Social Bond issuance oversubscribed at 2.7x and upgrades in credit ratings from S&P and Moody's, indicative of a strengthening operational and financial position.
Sammaan Capital is navigating towards an asset-light business model, targeting sustainable financing. In recent months, the company has successfully executed a rights issue and plans for continued growth through co-lending partnerships. Investors are encouraged to watch closely as these strategic shifts could enhance long-term profitability and market positioning while maintaining strong liquidity ratios.
