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Chahat Aggrawal

24th Oct · SEBI-Registered Analyst

Muthoot Capital Services Raises ₹150 Crore via Green Bonds at 8.40%

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MUTHOOTCAP
has allotted ₹150 crore worth of rated, listed Green Bonds on a private placement basis, carrying an annual coupon of 8.40% payable monthly. The 6-year bonds, maturing on October 17, 2031, will be listed on NSE. Secured by a first-ranking pari passu floating charge over loan receivables with 1.1x cover, the issue underscores the company’s commitment to sustainable financing.

#StockInNews#FundamentalViews#PsychologyofMoney
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