Muthoot Finance has successfully settled the issuance of US$ 150 million in 6.375% Senior Secured Notes due in 2030. These notes will be consolidated into a single series with the existing US$ 600,000,000 notes under its US$ 4 billion Global Medium Term Note Programme. The notes are listed on the NSE IFSC Limited.
Senior Secured Notes Offering
Muthoot Finance completed the settlement of US$ 150 million in 6.375% Senior Secured Notes due 2030. This was announced on October 17, 2025. The notes will be consolidated and form a single series with the outstanding US$ 600,000,000 6.375% Senior Secured Notes due 2030 under the US$ 4 billion Global Medium Term Note Programme (GMTN Programme).
Key Details of the Notes
The notes are listed on the NSE IFSC Limited. The interest payment dates are March 2 and September 2, commencing on March 2, 2026. The notes have an average maturity of 3.88 years, with a settlement date of October 14, 2025 and a maturity date of March 02, 2030.
Redemption Schedule
The redemption schedule includes five amortization payments:
- March 02, 2029
- June 02, 2029
- September 02, 2029
- December 02, 2029
- Balance principal payment on March 02, 2030
Use of Proceeds
The net proceeds from the issuance of the Notes will be used by Muthoot Finance for onward lending and other permissible activities, in accordance with regulatory guidelines.
Source: BSE
