India New Issue-Muthoot Finance to issue five-year bonds, bankers say

Muthoot Finance

10/06/2026 10:58

    MUMBAI, June 10 (Reuters) - India's Muthoot Finance MUTT.NS plans to raise up to 27.50 billion rupees ($288.57 million), including a greenshoe option of 15 billion rupees, through a sale of five-year bonds, three bankers said on Wednesday. 
     It will pay a coupon of 8.65% and has invited commitment bids for the issue on Thursday, they said. 
The company did not immediately respond to a Reuters email seeking comment. 


Here is the list of deals reported so far on June 10:

            Issuer
          

            Tenure
          

            Coupon (in %)
          

            Issue size (in bln rupees)*
          

            Bidding date
          

            Rating
          
Muthoot Finance 
5 years
8.65
12.50+15
June 11
AA+ (Crisil, Icra)

            NABARD
July 2029 reissue
          
3 years and 1 month
7.34(yield)
67.80
June 10
AAA (Crisil, Icra)

*Size includes base plus greenshoe for some issues
 
($1 = 95.2975 Indian rupees)

 (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Janane Venkatraman)
 ((Dharamraj.dhutia@tr.com, Khushi.malhotra@tr.com))