PAISALONSEPaisalo Digital LimitedMediumNeutral
Announced Wed, 30 Jul · 18:07 IST

Paisalo Digital Limited has informed the Exchange about Listing of 7.5% Foreign Currency Convertible Bonds (FCCBs) Due 2029- Paisalo Digital Limited on Global Securities Market of India International Exchange (IFSC) Limited

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Paisalo Digital has listed its 7.5% Foreign Currency Convertible Bonds (FCCBs) maturing in December 2029 on the Global Securities Market of India International Exchange (IFSC), effective July 31, 2025. The bonds, originally issued on December 10, 2024, have a total issue size of USD 50 million with ISIN XS2952463086. The minimum trading denomination is USD 200,000, targeting institutional and high-net-worth investors. GLAS Trust Company LLC acts as the trustee for the issue.

Likely market impact

This listing provides liquidity and tradability to existing FCCB holders on an international platform. Existing shareholders should note that these bonds are convertible into equity, which could lead to potential dilution upon conversion before the December 2029 maturity.