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Muthoot Finance Ltd ( (IN:MUTHOOTFIN) ) has issued an announcement.
Muthoot Finance Ltd has announced an update regarding its US $4 billion Global Medium Term Note Programme, specifically the issuance of US$600 million Senior Secured Notes due in March 2030. This strategic financial move is aimed at enhancing the company’s lending capabilities and other activities, aligning with regulatory approvals and guidelines. The issuance is expected to strengthen Muthoot Finance’s market position by providing additional liquidity, potentially impacting stakeholders by increasing the company’s financial flexibility and operational capacity.
More about Muthoot Finance Ltd
Muthoot Finance Ltd is a prominent financial services company in India, primarily engaged in providing gold loans. The company operates in the non-banking financial sector and focuses on offering secured loans against gold jewelry, catering to a wide range of customers across the country.
Average Trading Volume: 21,603
Technical Sentiment Signal: Buy
Current Market Cap: 1272.6B INR
For an in-depth examination of MUTHOOTFIN stock, go to TipRanks’ Overview page.