| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

Bond Market News

Muthoot Finance Announces Early Tender Offer Results

April 12, 2023

Muthoot Finance announced the early results its tender offer for repurchasing its outstanding $550mn 4.4% bonds due September 2023. It has agreed to buy back up to $225mn of its bonds at par for bondholders that tendered the bond early. Holders will also receive accrued and unpaid interest and additional amounts, if any, in cash. The bonds were issued in March 2020 and are rated BB/BB+.

Its 4.4% 2023s are currently trading at 99.18 at a yield of 6.42%.

Related Posts:
Registered office: 8 Marina View, #43-062 Asia Square Tower 1, Singapore 018960
© Copyright BondbloX 2023, All Rights Reserved.