Manappuram Finance Limited — Important, 01-08-2025: Updates
01-08-2025 | 06:22 pm
01-08-2025 | 06:22 pm
Manappuram Finance has announced a committee meeting to transform its Euro Medium Term Note (EMTN) program into a Global Medium Term Note (GMTN) program. This strategic shift is crucial for expanding the company's fundraising capabilities, allowing for the issuance of senior secured notes. The plan involves raising up to US$2 billion through this new GMTN program, which will also require approval of special consolidated financial statements. This move broadens their global investor base and funding flexibility.
No comments yet. Be the first to comment!
