Sammaan Capital has announced the issuance of U.S.$450 million 7.5 per cent Senior Secured Social Bonds due 2030. The Bonds are expected to be listed on the Debt Securities Market of the NSE IFSC Limited. The issuance was approved by the Securities Issuance and Investment Committee. Proceeds will be used for onward lending, subject to applicable laws and regulations and in accordance with the Company’s sustainable financing framework.
Bond Issuance Approved
The Securities Issuance and Investment Committee of the board of directors of Sammaan Capital has approved the issuance of U.S.$450,000,000 7.5 per cent Senior Secured Social Bonds due 2030. The decision was made on October 9, 2025.
Bond Details
The key details of the bond issuance are as follows:
- Issue Size: U.S.$450 million
- Listing: The Bonds are expected to be listed on the Debt Securities Market of the NSE IFSC Limited.
- Tenure: Settlement date is October 16, 2025, and the maturity date is October 16, 2030.
- Coupon/Interest Rate: 7.50%
- Interest Payment: Semi-annually in arrear on October 16 and April 16 until the final maturity date.
- Principal Payment: October 16, 2030
- Security: Secured
Use of Proceeds
The Company intends to use the proceeds from this Issue for activities like onward lending, subject to compliance with applicable laws and regulations and as permitted by the Reserve Bank of India’s guidelines for external commercial borrowings.
Subscription Agreement
Sammaan Capital has entered into a subscription agreement dated October 9, 2025, with Deutsche Bank AG, Singapore Branch, acting as the Sole Bookrunner for the bond issuance. The agreement outlines the terms under which the Sole Bookrunner will subscribe to or procure subscribers for the Bonds.
Source: BSE
