Sammaan Capital approves USD 450 million social bond issue
SAMMAANCAP · price
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The board committee approved a USD 450 million issue of 7.5% senior secured social bonds due October 16, 2030. Settlement is planned for October 16, 2025, with interest paid every six months. The bonds are expected to list on NSE IFSC. Proceeds will fund further lending under RBI external borrowing rules and the company's sustainable financing framework. Deutsche Bank will arrange the issue.
The funding can support loan growth, but it raises secured debt and exposes shareholders to dollar interest and currency risks.