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Muthoot FinCorp announces NCD Tranche III series of NCDs, with an aim to raise Rs. 300 crore

Summary by newspatrolling.com

Bengaluru, December 23, 2024: Muthoot FinCorp Limited (“MFL” or “Company”), the flagship company of 137-year-old Muthoot Pappachan Group (Muthoot Blue), has announced NCD Tranche III series of secured and redeemable non-convertible debentures (NCDs) with a face value of Rs. 1000 each, scheduled to open on December 23, 2024. The purpose of this offering is to facilitate onward lending, financing, and the repayment of both interest and principal o…

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newspatrolling.com

Muthoot FinCorp announces NCD Tranche III series of NCDs, with an aim to raise Rs. 300 crore

Bengaluru, December 23, 2024: Muthoot FinCorp Limited (“MFL” or “Company”), the flagship company of 137-year-old Muthoot Pappachan Group (Muthoot Blue), has announced NCD Tranche III series of secured and redeemable non-convertible debentures (NCDs) with a face value of Rs. 1000 each, scheduled to open on December 23, 2024. The purpose of this offering is to facilitate onward lending, financing, and the repayment of both interest and principal o…

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newspatrolling.com broke the news in 2 months ago on Monday, December 23, 2024.

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